Question
The marked price of two items 'C' and 'D' is Rs. 55,000
each. Item 'C' is sold after allowing a discount of 28%, whereas item 'D' is sold after allowing two successive discounts of 20% and 15% respectively. Find the difference between the selling price of items 'C' and 'D'.Solution
ATQ, Selling price of item 'C' = 55,000 X 0.72 = Rs. 39,600 Selling price of item 'D' = 55,000 X 0.80 X 0.85 = Rs. 37,400 Required difference = 39,600 - 37,400 = Rs.2,200
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?