Question
Rohit allocates his monthly salary in different
proportions: 15% on traveling, 20% on entertainment, 22% on studies, and 26% on food. The remainder is donated. If the difference between what he spent on studies and the amount he donated is Rs. 628, what is Rohit's monthly salary?Solution
We can say that let monthly salary of Rohit = Rs. 'r' Percentage of salary donated = 100 – (15 + 20 + 22 + 26) = 100 – 83 = 17% According to question, 0.22r – 0.17r = 628 0.05r = 628 r = 628/0.05 = 12560 So the monthly salary of Rohit = Rs.12,560
What does the term "capital structure" refer to in the context of corporate finance?
Under the IFSCA Act the Central Government may remove from office a Member, who______________
Which of the following describes an arrangement where one party grants another party the right to use trade name?
Which core management function encompasses the following interrelated processes: defining organizational goals, establishing a roadmap for resource allo...
Shannon-Weaver’s original model of communication consist of _________ components.
In which city is the Advertising Standards Council of India (ASCI) headquartered?
Ensuring hassle-free credit availability at a cheaper rate to farmers has been the top priority of the Government of India. Accordingly, the Kisan Credi...
International Financial Services Centre is established under Section ………. of Special Economic Zones Act, 2005
Which section of NI Act provides protection to collecting Banker?
_________ is a formal communication whereby employees engage in crosswire communication across the boundaries of their reporting relationship irrespecti...