According to the question: Let the monthly income of K = Rs. 8u Monthly income of L = Rs. 13u According to the question, (8u – 2500):(13u – 5000) = 4:7 7(8u – 2500) = 4(13u – 5000) 56u – 17500 = 52u – 20000 20000 – 17500 = 52u – 56u 2500 = 4u u = 625 Difference between their incomes = 13u – 8u = 5u = 5 × 625 = Rs. 3125
In preparing performance appraisals, the sales manager ranked Aniket as the overall best salesperson because he had the highest level of sales, and Amit...
What does 'M' stand for in AMFI?
What is the minimum Base Capital for initial 6 months required for a foreign entity interested to act as a clearing member in Bullion Exchange as per th...
With project cost of Rs.300 lakh and cost of capital at 12%, the estimated profits over its lifetime of 5 years are Rs.10 lakh, Rs.10 lakh, Rs.30 lakh, ...
The economy of Country Z is in a recession, with declining GDP, rising unemployment, and low consumer and business confidence. The government is conside...
According to the IFSCA Circular issued in February 2024, which entities must monitor and report trading activities involving clients from countries shar...
What do ethics most closely relate to?
The corpus of the Contingency Fund as authorized by Parliament presently stands at?
Which of the following is not a common source of project financing?
The sum of all exposure of a FC-Finance Company/FU-Finance Unit in IFSC to a single counterparty or group of connected counterparties shall not exceed h...
