Let the number of months for which Ramesh invested his money = ‘Y’ months Ratio of profit shares of Ashish and Ramesh = (700 × 12):(800 × Y) = 8400:800Y = 21:2Y Let profit share of Ramesh be Rs. ‘100a’ So, profit share of Ashish = 1.05 × 100a = Rs. ‘105a’ ATQ; (21/2Y) = (105a/100a) So, Y = 10 Therefore, Ramesh joined the business (12 – Y) = 2 months after Ashish.
Which of the following measures the time decay on option premium?
What is the Additional Common Equity Tier 1 requirement as a percentage of Risk-Weighted Assets (RWAs) for SBI (as it’s a systemically important B...
Which type of mortgage does not require registration with Registrar of Assurances?
A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return is 8%. Calculate the value of the preferred stock...
Which of the following is not a derivative?
Small Finance Banks’ (SFB) major goal is to promote and provide banking services to the underbanked and underprivileged segments of society, the prop...
If the cost of machinery is Rs.5 lakh, the life of the machinery is expected to be 5 years, and rate of depreciation is 10%, what will be the differenc...
Which of the following best describes the ‘Open interest’ in stock market?
The stage of venture capital investing that involves product development and market research is referred to as:
The price of the Sovereign Gold Bond is fixed in Indian rupees is based on simple average of closing price of 999 purity gold of how many days?
