Question
βAβ can do a piece of work in 12 days. βBβ can
do 60% of the same work in 18 days. If they work together for the entire time and get paid Rs.1540, then find the share of βAβ.Solution
Let the total work be 36 units. (LCM of 12 and 18) Efficiency of A = 36/12 = 3 units/day Efficiency of B = (36/18) Γ (60/100) = 6/5 units/day Ratio of the efficiency of A : B = 3 : 6/5 = 15:6 Share of A = (15/21) Γ 1540 = Rs.1100
Consider the following statements regarding bullion:
1) Bullion is a precious metal like gold or silver that is valued by weight and purity. <...
With respect to Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), a person can join PMJJBY with one Insurance company with ________ bank account.
The Cash Reserve Ratio (CRR) is the percentage of a bank's deposits that it must maintain as reserves with which entity?
1)Β Β Β Reserve Bank...
What does MRR stand for?
MNO Ltd got its bond rated by a credit rating agency. The rating given to the bond was lsquo;AA-lsquo;. What does this rating indicate?
Which of the following best describes the role of the Capital Asset Pricing Model (CAPM) in determining the required return on an asset in the capital ...
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
Which of the following statement is incorrect with regard to Resident SB a/c opened jointly with NRI close relative?
A.Cheques favouring the NRI ...
How should fees and commissions earned by banks through debt renegotiations or rescheduling be recognized?
Which term refers to the specific rate of interest carried by a bond?