Question
A dishonest seller, at the time of selling and
purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned by him.Solution
C.P of 1300 gm= Rs 1000 so CP of 780 gm= Rs 600 & SP of 780 gm = Rs 1000 % profit = `(400)/(600)` x 100 = 66.66% approx.
MNO Ltd got its bond rated by a credit rating agency. The rating given to the bond was lsquo;AA-lsquo;. What does this rating indicate?
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State whether the following statements are true/false:
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Two primary qualitative characteristics of financial statements are
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The Risk of prepayments of loans and bonds and or premature withdrawal of deposits is called ________
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