ATQ, Let the present ages of 'R' and 'D' be 'a' and 'b' years respectively. So, (a - 8) + (b - 8) = 36 Or, a + b = 52 And, a = b - 4 So, b - 4 + b = 52 Or, 2b = 56 Or, 'b' = 28 Present age of 'R' = b - 4 = 28 - 4 = 24 years Present age of 'M' = 1.25 × 28 = 35 years Therefore, required sum = 24 + 35 = 59 years
A Cash Credit or Overdraft account can be considered as out of order if:
According to classical economic theory, which of the following mechanisms ensures that the economy naturally tends towards full employment?
A trader carries an average inventory of Rs. 40,000. His inventory turnover ratio is 8 times. If he sells goods at a profit of 20% on Revenue from oper...
How much loan did Fusion Micro Finance obtain from the United States International Development Finance Corporation (DFC)?
The average office employee receives number of emails and text messages each day. If each takes 5 minutes, each employee would need more hours just to d...
Which of the following is correct regarding Reinvestment Risk?
i. When I...
The ‘Trust Index Survey‘ conducted by Great Place to Work assessed employees’ perceptions of leadership, organizational culture and trust, which p...
The process of financial audit begins with?
What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
What doe ‘I’ in ICAAP stand for?