Question
Amit purchased an article and marked it 60% above the
cost price and sold it after giving a discount of 15% for Rs. 1530. What will be the selling price of the article if a discount of 10% is given?Solution
ATQ, Let, cost price of the article is Rs. 100x Marked price = 1.60 × 100x = Rs. 160x Selling price of the article = 0.85 × 160x = Rs. 136x According to the question: 136x = 1530 So, x = 11.25 Desired selling price = 0.90 × 1.60 × 1125 = Rs. 1620
Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank?
XYZ Ltd reported total credit sales of Rs.12,80,000 at a gross profit margin of 15%. If the current ratio is 1.75 and inventory turnover of 4 times, wha...
A wilful defaulter or any entity with which a wilful defaulter is associated , is ba rred to get any additional credit facility from a lender for a peri...
A company wants to test whether their new marketing campaign has led to an increase in sales. The null hypothesis states that the campaign has no effect...
Which country surpassed 100,000 crossborder UPI P2M transactions in August 2024?
Which of the following statements is correct?
Which of the following refers to the halo error that tends to distort appraisals?
What among the following is the correct formula to calculate the cost of Equity under CAPM model?
In a corporate setting, what does the term "conflict of interest" refer to?
Depreciation is charged on which among the following?