Question
A bag contains 20 rupees note, 50 rupees note and 100
rupees note in the ratio 5:7:2. If the total amount in the bag is Rs 2,600, find the average number of 20 rupees note and 50 rupee note.Solution
Ratio of values of the notes = 5 ×20∶7×50∶2 ×100 = 2:7:4 Value of 20 rupees note = 2600×2/13= Rs. 400 Value of 50 rupees note = 2600×7/13= Rs. 1400 Value of 100 rupees note = 2600×4/13= Rs. 800 Number of 20 rupees note = 400/20 = 20 Number of 50 rupees note = 1400/50 = 28 Number of 100 rupees note = 800/100 = 8 Average of 50 & 20 rupee note = (20+28)/2 = 24
Similar to the Stock Exchanges in IFSC, the Bullion Exchange shall be required to submit MDR (Monthly Development Report) to IFSCA on a what frequency b...
Which of the following is the fiscal deficit for the current year minus interest payments on previous borrowings?
Which of the following financial centers provide international financial services mainly to their national economies?
In preparing performance appraisals, the sales manager ranked Aniket as the overall best salesperson because he had the highest level of sales, and Amit...
International Financial Services Centre is established under Section ………. of Special Economic Zones Act, 2005
Consider the following Statements and choose the option with correct Statements.
I- Jal Jeevan Mission was launched in 2019 as a Central Sector ...
What is the upper age limit for joining the PM Vaya Vandana Yojana?
In 2008, India launched the National Action Plan on Climate Change (NAPCC), establishing _________ National Missions, covering several initiatives and a...
 Regarding Systematic Withdrawal Plans (SWP) within the framework of mutual funds, which of the following best describes its primary function?
In export credit, which of the following risks is typically NOT covered by an Export Credit Guarantee Corporation (ECGC) policy?
Relevant for Exams:
