Question
‘P’, ‘Q’ and ‘R’ rented a power generator for
their stalls. They used it for 4 hours, 7 hours, and 5 hours respectively. The total rent they paid was Rs. 800. How much did ‘R’ pay?Solution
ATQ,
Let the dealer charged Rs. ‘x’ per hour.
Then the amount paid by ‘P’, ‘Q’ and ‘R’ is Rs. 4x, Rs. 7x, and Rs. 5x respectively.
So, 4x + 7x + 5x = 800
⇒ 16x = 800
⇒ x = 50
Rent paid by ‘R’ = 5x = 5 × 50 = Rs. 250
What percentage of global GDP is contributed by MSMEs, as per the United Nations?
As per RBI draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024, the projects have to be divided into which of the...
With respect to Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a person can join PMJJBY with one Insurance company with ________ bank account.
What is the term used to describe the issuance of securities, whether debt or equity, to a select group of investors such as banks, mutual funds, high n...
During a severe recession, businesses are reluctant to invest, and consumer spending has declined significantly. Unemployment rates are high, and there ...
When the shares are issued for consideration other than cash which account will be debited
When a bank takes over another bank’s non-performing assets and tries to recover them, this is known as:
What is the key purpose of the Tariff Rate Quota (TRQ) mechanism as outlined in the RBI circular on the import of gold by TRQ holders?
Compared to investing in a single security, diversification provides investors a way to:
Which of the following exposures/counterparties would not be considered to have a SICR as per RBI discussion paper on ECL model for banks:
I. S...
