Tax and Money Exchange

Money ExchangeQ. A businessman exchanged Nepali currency Rs. 660000 into US dollar at the rate of $1= Nrs.110. After 4 days, Nepali currency is revaluated by 10% and he exchanged the dollars into...

Tax and Money Exchange P1 || Concept and Formula

In this video, we will learn about 1. Basic Terms (Cost Price, Selling Price, Marked Price and Discount) 2. Tax and Value Added Tax (VAT) 3. Important Formula

Tax and Money Exchange

Value Added Tax (VAT)Q. If after allowing 20% discount and levying 13% value added tax (VAT), the value of a watch will be Rs. 904 Then Find the value marked price of the watch.Solution:Let the ...

Financial Institution- Bank and its Types

Financial Institution:Financial institution are those organizations which are established in an economic system to help to borrow and grant loans, act as intermediary between the saver and the borr...

Insurance & its function

 Insurance Insurance is a contract, represented by a policy, in which a policyholder receives financial protection or reimbursement against losses from an insurance company.Types of Insurance: Life...