Question
The ratio of the incomes of Vineet and Vidya is 12:5
respectively. Vineet saves 25% of his income while Vidya saves 20% of his income. The sum of their expenditures is Rs.39000. Find the difference between their incomes.Solution
Let the incomes of Vineet and Vidya be Rs. 12x and Rs. 5x respectively. According to the question, => 0.75 x 12x + 0.8 x 5x = 39000 => 9x + 4x = 39000 => x = 3000 Required difference = 12x – 5x = 7x = Rs.21000
Which of the following is not a part of the RBI’s Monetary Policy transmission mechanism?
Under the MSMED Act, 2006, what is the maximum time frame within which an MSME must file a claim for delayed payments with the Facilitation Council?
A person or their relative or partner who is indebted to the company for an amount exceeding what threshold is disqualified for the appointment of an au...
What is the role of the Banking Ombudsman in India?
What role does ethics play in social cohesion?
What is the maximum financial assistance under the "Khadi Gramodyog Vikas Yojana" for individual workshed construction? Â
The Contribution towards priority sector lending is based on __________ , while the cash reserve ratio is based on __________.
According to the Union Budget 2023-24, consider the following statements.Â
1. A capital outlay of 2.40 lakh crore rupees has been provided for t...
The headquarters of BIS is in
The risk that arises from adverse movements in exchange rates is termed as: