Question
A person saves 22% of his monthly income. If his monthly
is increased by 45% and he still saves the same amount as before then find percentage increase (approximate) in his monthly expenditure.Solution
Let monthly of person is Rs. 100x Monthly savings = 0.22 × 100x = Rs. 22x Monthly expenditure = 100x – 22x = Rs. 78x His increased monthly income = 1.45 × 100x = Rs. 145x His monthly expenditure now = 145x – 22x = 123x Percentage increase in expenditure = [(123x – 78x)/78x] × 100 ~ 57.7%
A loan is restructured by extending the repayment period and reducing the interest rate. This is classified as:
What is the process for eligible investors, other than FPIs, to invest in specified securities under the Fully Accessible Route (FAR)?
What is limited recourse financing?
Based on the above information, what will be the operating profit margin of the company?
There is one budget which is prepared as a consolidated summary of all the functional budgets. Identify it among the following:
What is the loan amount in the education sector for studying abroad that is included in the Priority Sector by the RBI?
EPS 1995 what is the age for pension
For Domestic Scheduled Banks, what is the minimum target for Priority sector lending
What is the minimum net worth requirement for an SFB to transition into a Universal Bank as per the RBI guidelines?
What is moratorium period for small and startup firms under Insolvency and Bankruptcy Code 2016?
