Question
Cost price of an article is Rs X and marked price is
400% more than cost price. To gain profit of 100%, what percent of discount should be offered on this particular article.Solution
CP = x MP = 5x SP = 2x D% = (5x – 2x)/5x × 100 = 60%
Venture Capital means
Minimum amount of Certificate of Deposit isÂ
Finance Commission of India was formed to define the financial relation between the ------ and ------
Which of the following ATM has the Bank’s name and Logo in it?
The other name for SWIFT code is
Consider the following statement with reference to the Special Drawing Rights(SDRs).
A) It is an international reserve asset created by the IM...
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...
Banking services between merchant banks and other financial institutions are known as _____________.
The Asian Development Bank (ADB) has sanctioned ________ amount of loan facility to carry forward fiscal reforms in West Bengal?
What is true about the teaser loan rates charged by banks?