Since, ‘A’ and ‘B’ invested their sums for equal period, therefore, ratio of the profit received by ‘A’ and ‘B’ will be equal to the ratio of sum invested by them i.e. 3:2, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between ‘A’ and ‘B’ = 0.88 × 100x = Rs. 88x Profit received by ‘A’ = 88x × (3/5) = Rs. 52.8x According to the question, 52.8x = 1320 => x = 25 Therefore, total profit received by ‘A’ and ‘B’ = 100x = Rs. 2500
The RBI revised its instructions on Bulk Deposits for Urban Co-operative Banks (UCBs) in January 2024. Under this revision, what is the minimum amount ...
What is the ratio of money held by the public in currency to that held as deposits in commercial banks called?
The term 'net 50' implies that the customer will make payment:
Which of the below mentioned statement is correct?
Which of the following is not a right statement for a Drawing Power?
_______ is hosting the 57th ASEAN Foreign Ministers’ Meeting.
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What type of contracts are currently available for trading on IIBX?
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