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Start learning 50% faster. Sign in nowExplanation: ECS is an electronic mode of payment / receipt for transactions that are repetitive & periodic in nature. ECS is used by institutions for making bulk payment of amounts towards distribution of dividend, interest, salary, pension, etc., or for bulk collection of amounts towards telephone / electricity / water dues, cess / tax collections, loan installment repayments, periodic investments in mutual funds, etc.
A and B enter into a partnership with their initial sum of Rs.30000 and Rs.48000 respectively. After 6 months, a third person C also joins them with his...
Amit and Sumit together start a business with investment of Rs. 1700 and Rs. ‘x + 1200’, respectively. If the profit earned after 5 years is...
A and B started a retail store with initial investments in the ratio 6:7 and their annual profits were in the ratio 4:5. If A invested the money for 7 m...
I and J started a business by investing Rs. (p + 800) and Rs. (2p - 1600), respectively. If at the end of the year, the profit share of I was Rs.22,000 ...
A and B invested Rs. 25,000 and Rs. 30,000 in a shop. After 2 months, C joined with Rs. 20,000. If the profit after a year is Rs. 12,600, find B’s sha...
A invested Rs. X in a business. After four months B Joined him with Rs. 2X and A double his investment. If at the end of the years total profit i...
Simran and Indu started a business investing Rs. 110, 000 and Rs. 80,000 respectively. In what ratio the profit earned after 2 years be divided between ...
A invest twice the sum invested by B and withdraws half of sum after 5 months and again withdraws half of the remaining sum after 6 months. Find ratio o...
The savings of E and F are identical. The difference between F's expenditure and the combined savings of E and F is zero. B's income is Rs. 36,000, and ...
‘P’ invested Rs. 30000 in a business. ‘Q’ joined after ‘x’ months with an investment of Rs. 10000 less than ‘P’. If the ratio of the pro...
