On 8th September, an exporter tenders a demand bill for USD 1,00,000 drawn on New York. The rates for US dollars in the interbank market areas under: Spot USD 1= Rs.59.3000/3500 Spot/September=59.6000/6800 October =59.8000/8950 November =59.8200/9200 Transit period is 25 days. The bank requires an exchange margin of 0.10%.Interest on export finance is 10%p.a. The customer opts to retain 15% of the proceeds in US dollars. You are required to compute: (i) The rate at which the bill will be purchased by the bank (ii) The rupee amount payable to the customer (iii) Interest to be recovered from him.

On 8th September, an exporter tenders a demand bill for USD 1,00,000 d

1.	On 8th September, an exporter tenders a demand bill for USD 1,00,000 drawn on New York. The rates for US dollars in the interbank market areas under: Spot USD 1= Rs.59.3000/3500 Spot/September=59.6000/6800 October =59.8000/8950 November =59.8200/9200 Transit period is 25 days. The bank requires an exchange margin of 0.10%.Interest on export finance is 10%p.a. The customer opts to retain 15% of the proceeds in US dollars. You are required to compute: (i) The rate at which the bill will be purchased by the bank (ii) The rupee amount payable to the customer (iii) Interest to be recovered from him.
Answer» this video's rental of light of the 45 degree will be a GOOD time for the angle of REFLECTION of light and CALCULATED the answer is coming to an angle to the angle of 45 degree in ENGLISH ka question is what we can do it in English

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Tois question based GISTBasie Prodquet? Gust Sales SupplyАB 2200150800118.00 to 20018.001 300 Intre statoI istrustile12.00 lo1120 Istrestaleb.Tabb Trade Details (sales and purchaseJitems opening stat I purchased sold closingo0104803oa) find out belowgiveoQuestionsCGST ,SGST , LGST final balance?1. use different lable for saleand purchas drade.Neft profit from the trade?closing stock valuations ?

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