Question
A box contains Rs. 930 in coins of Rs. 2, Rs. 5, and Rs.
8 denominations. The ratio of number of coins of Rs. 2, Rs. 5, and Rs. 8 is 6:5:7 respectively. Find the difference between the amount contributed by Rs. 8 coins and Rs. 2 coins.Solution
ATQ,
Let the number of coins of Rs. 2, Rs. 5 and Rs. 8 be 6x, 5x and 7x respectively. ATQ, (6x × 2 + 5x × 5 + 7x × 8) = Rs. 930 (12x + 25x + 56x) = 930 93x = 930 x = 10 Therefore, required difference = (7x × 8 - 6x × 2) = (56x - 12x) = 44x = 44 × 10 = Rs. 440
Which of the following categories of borrowers are eligible for housing loans from Urban Cooperative Banks (UCBs)?
Which of the following financial centers provide international financial services mainly to their national economies?
Which of the following document clearly defined outputs and outcomes for various Central Sector Schemes and Centrally Sponsored Schemes with measurable ...
During the financial year 2023-24, A had cash sales of ₹3,90,000 and credit sales of ₹1,60,000. His expenses for the year were ₹2,70,000, out of w...
Central Registry of Securitization Asset Reconstruction and Security Interest(CERSAI) is under which provision?
Linear model of communication involves: -
In which year the GIFT City was notified as SEZ (special Economic Zone)?
A bank publishes its internal benchmark for various maturities. Which of the following maturity benchmark, need not be p ublish ed by the bank?
Which among the following is the correct formula for value of right under the rights issue?
If a stock's expected return is 18%, the risk-free rate is 6%, and the market return is 12%, what is the stock's beta according to the CAPM?
Relevant for Exams:
