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Start learning 50% faster. Sign in nowLet the amount borrowed be ₹100. S pays R 8% interest, so total repayment = ₹100 + ₹8 = ₹108. S invests ₹100 in a scheme and earns a 5% profit after paying ₹108, so total return from scheme = ₹108 + ₹5 = ₹113. So, the scheme gives ₹113 on ₹100 investment ⇒ profit = ₹13. Percentage gain if R had invested directly = 13/100 x 100 = 13% R would have gained 13%.
The Securities Appellate Tribunal has rightly ordered the lifting of the trading restrictions imposed on the companies that approached it.
I. Som...
Statement: Large IT services companies are in the process of laying off employees on a scale not seen since the 2008-10 downturn.
I. The IT i...
A statement is given followed by two decisions I and II. Analyse the given situation and select the appropriate decision.
Statement: Vitamin D...
Statement: As an ongoing mission to help taxpayers, the e-portal service has been set up by the Additional Commissioner of Income Tax at the taxpaye...
Statement : "The airline has introduced a special discount on fares during off-peak seasons."
Assumptions :
I. People may be encourage...
Statement: "The education ministry has launched a nationwide program to distribute free tablets to students in government schools."
Assumptio...
Statement: The International Education Fair promises to be a one stop destination for students scouting for their next course /colleg...
Statement: Scores of students and parents staged a sit-down protest outside the Department of Public Instruction (DPI) for not intervening and initia...
Statement : "The government has decided to set up more public libraries in rural areas."
Assumptions :
I. People in rural areas are in...
Statement : "A bank has decided to install more ATMs in semi-urban areas."
Assumptions :
I. People in semi-urban areas prefer using AT...
