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Let the price of sugar was Rs. x per kg. After increase in price, new price per kg = x + (x×40/100) = 7x/5 For Rs. 7x/5 we get 1 kg of sugar. For Re. 1 we get 5/7x kg of sugar. For Rs. x we get 5/7 kg of sugar. Decrease in consumption of sugar = 1 – 5/7 = 3/7 Required ratio = 7/27 : 1 = 7:27
What is the maximum gap allowed between two settlements for unutilized client funds held by Broker Dealers, as per the IFSCA Circular of March 14, 2024?
Consider the following Statements and choose the option with correct Statements.
I- PM Kisan is a Central Sector Scheme to supplement the finan...
Which among the following is NOT a constituent of Tier-II capital of banks according to BASEL Accord?
Which of the following is an example of a project finance structure?
The REER is used to measure the value of a specific currency in relation to an average group of major currencies. What does REER stand for?
Which of the following model/ method makes use of Beta (β) in the calculation of the cost of equity?
From the above information, calculate the operating ratio.