Question
Monthly savings of X is 60% of his monthly income which
is Rs. 9000. If ratio of monthly expenditure of Y and X is 15:8 respectively and monthly savings of X is 25% more than that of Y then find monthly income of Y.Solution
Monthly savings of X = 0.60 × 9000 = Rs. 5400 Monthly expenditure of X = 9000 – 5400 = Rs. 3600 Monthly expenditure of Y = (15/8) × 3600 = Rs. 6750 Monthly savings of Y = 6750/1.25 = Rs. 4320 Monthly income of Y = 6750 + 4320 = Rs. 11070
What is CRILC ?
The demand for bank notes is estimated by the Reserve Bank of India (RBI) using which of the following statistics?
Uttarakhand Gramin Bank established after the amalgamation of
The Cheque Truncation System (CTS) in India is first introduced in the year?
State Bank Of India unveiled India's first integrated digital platform named ?
Scheduled Banks in India refer to those banks which have been included in the _______ Schedule of Reserve Bank of India Act, 1934.Â
Which of the following is true about the discounting of bill of banks?
I. Banks provide short-term finance by discounting bills, by making pay...
The term shell company is undefined in the ___________. But in public parlance these are seen as bogus entities that do not produce anything but are us...
____________ is the distribution of payment into multiple cash flow instalments.
In the full form of IBBI, ‘I’ stands for __________