Question
Which of the following best describes a Bridge
Loan?Solution
Bridge loan is a type of gap financing arrangement wherein the borrower can get access to short-term loans for meeting short-term liquidity requirements. Bridge loans help in bridging the gap between short-term cash requirements and long-term loans. These loans are normally extended for a period of 12 months. These loans are provided at exorbitant rate of interest and are normally backed by an asset collateral like equity, debentures etc.
The percentage profit earned when an article is sold for Rs. 420 is four times the percentage profit earned when the same article is sold for Rs. 330. ...
A man purchases some number of articles at Rs.729000 and he sells 4/9th of them at 7.5% loss. what profit % did he sell the remaining article to gain 5...
A shopkeeper bought machine at Rs. 16800 and he marked up above its purchased price and sold it to a customer at 12.5% discount on the marked price and ...
A shopkeeper sells an article for Rs 78 and earns double the profit that he would have earned on selling this article for Rs 69. Find the C.P of this ar...
An item smartphone is marked 25% above its cost price and sold for Rs. 1,500 after allowing two successive discounts of 20% and 25%, respectively. Find ...
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The cost price of a sugar bag is (250/7)% of the selling price of a rice bag. The sugar bag is sold at a 40% profit, and its cost...
- Priya sold 35% of her books. She then found that she had 40 fewer books than 75% of what she originally owned. How many books did Priya sell?
- Rahul bought a gadget and increased its price by 60% above the cost price. He sold it after offering a discount of 20% for Rs. 2400. What would be the sell...
On selling an anicle for ₹984, Arnn loses 18%. In order to gain 15%, he must sell it for:
