Question
The combined value of ‘r’ and ‘s’ is 750. If
‘r’ is decreased by 4% and ‘s’ is increased by 16%, they become the same. Find the value of ‘s’.Solution
ATQ,
r + s = 750 ……(i)
ATQ,
0.96 × r = 1.16 × s
Or, r = (1.16 / 0.96) × s
So, r = (29s / 24)
Put the value of ‘r’ in equation (i), we get,
(29s/24) + s = 750
Or, (53s/24) = 750
Or, s = 750 × (24/53)
So, s = 339.62
What is the projected contribution of India’s digital economy to GDP by 2030?
If the forward value of the currency is cheaper, the currency is called -
In case of a 'put option' when the strike price is above the spot price, the option is -
What is the primary purpose of a cashbook?
........................................is a contractual agreement made between two parties, in which one party agrees to pay for potential losses or da...
__________________ became the largest and fastest-growing UPI beneficiary bank in India
Reserve Bank of India has cancelled the license of Independence Co-operative Bank Ltd. It is based at ________________.
Which of the following approach is not used for assessment of Operational Risk in Basel II?
i. Internal Rating B...
The share of net demand and time liabilities that banks must maintain in safe and liquid assets, such as, government securities, cash and gold with...
Match the following:
A) Authorised Capital P) for which company has received applications
B) Subscribed capital Q) Now shareholders
Relevant for Exams:
