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3 years ago

What is importance of banks to ecomics

Mathematics

1 answer:

defon3 years ago

5 0

Answer:

They do transactions from such a large distance

Step-by-step explanation:

Banks make it far easier for a complex economy to carry out the extraordinary range of transactions that occur in goods, labor, and financial capital markets. Banks are a critical intermediary in what is called the payment system, which helps an economy exchange goods and services for money or other financial assets.

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Manas receives a commission of Rs.5,000 on sales of Rs.65,000.How much commission will he get on sales of Rs.20,000.

tangare [24]

$\\
\text{Let Manas receives a commission of Rs. 5000 on sales of Rs. 65000}\\
\\
\text{We need to find how much commision he will get on the sale of Rs.20000}\\
\\
\text{To find the commision, we use the unitary method.}\\
\\
\text{On sales of Rs. 65000, Manas receives a commision of}=5000\\
\\
\text{so on sales of Rs. 1, Manas will receiv a commision of}=\frac{5000}{65000}\\
\\
\text{Hence on sales of Rs. 20000, Manas will receiv a commision of}\\
\\=\frac{5000}{65000}\times 20000\\
\\
=1538.46$

Hence, on the sales of Rs. 20000, Manas will receive a commission of: Rs. 1538.46

6 0

3 years ago

For an activity in class, students used pieces of string to measure roads on a map. They used a map scale to determine the dista

jeka57 [31]

Answer:

C 152

Step-by-step explanation:

Beacuse it is. Hope that helps

4 0

3 years ago

Read 2 more answers

An arithmetic sequence is represented by the explicit formula A(n) = 2 +(n − 1)(− 5)

Reil [10]

Answer:

a+(n-1)d please do you get it or

8 0

3 years ago

Read 2 more answers

Which function is the inverse of function f? f(x)=9x^2-12

Allisa [31]

Answer:

f−1(x)=√x+123,−√x+123

Step-by-step explanation:

5 0

3 years ago

plzzz finish 4, 5, 6, 9, 10, 11, 12, 14, and 15 you dont have to answer all but atleast anwer like 2 or 3 \( i scratched out the

nika2105 [10]

Answer:

4. -4

5. -2

6. -3

Step-by-step explanation:

4. -12 = 5r + 8

Subtract 8 from both sides;

-20 = 5r

Divide both sides by 5;

-4 = r OR r = -4

5. -6p - 3 = 9

Add 3 to both sides;

-6p = 12

Divide both sides by -6

p = -2

6. -14 = 4x - 2

Add 2 to both sides;

-12 = 4x

Divide both sides by 4;

-3 = x OR x = -3

8 0

2 years ago

What is importance of banks to ecomics​

What is importance of banks to ecomics