Question
Under which of the following accounting systems, real &
nominal accounts are ignored?Solution
The correct answer is B
A shopkeeper marks his goods at such a price that after allowing a discount of 20% on the mark price he can earn a profit of 25%. If the article cost h...
Amit sold an article for ₹369.60 after allowing 12% discount on the marked price. Had he not allowed any discount he would have earned a profit of 20%...
The selling price of an article is Rs 816 if the discount on it is 15%. What would be the selling price of the article (in Rs) if the discount on it is...
If the shopkeeper sells an item at Rs 1000 which is marked as Rs 1250, then what is the discount he is offering?
Find the single discount rate percentage equivalent to the successive discounts of 10%, 20% and 20%.
A retailer provides 1 article free on the purchase of 4 articles. Calculate the discount percentage given by the retailer.
On an item there is 8% discount on the marked price of Rs.32,000. After giving an additional season's discount, the item is sold for Rs.25,000. How much...
The marked price of a pen and pencil is in the ratio of 5:6. The shopkeeper gives a 10% discount on the pen. If the total discount on both the pen and t...
A company sells two products, X and Y. The selling price of product X is ₹500, and the selling price of product Y is ₹800. The company offers a 10%...
A chair is sold for Rs810 after giving a discount of 10% on its marked price. The cost price of the chair is Rs720. If it is sold at the marked price, t...
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