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The Reserve Bank of India (RBI) has granted an ‘Infrastructure Finance Company (IFC)’ status to Indian Renewable Energy Development Agency (IREDA) today. It was earlier classified as ‘Investment and Credit Company (ICC)’. With the IFC status, IREDA will be able to take higher exposure in RE financing. The IFC status will also help the company to access wider investor base for fund mobilisation, resulting in competitive rates for fund raising.
A clock is purchased for Rs. 1,800. It is then marked up by 50% above its original cost price. The clock is subsequently offered with two consecutive d...
A retailer offered two consecutive discounts of 20% and 15% on an item marked at Rs. 775. Given that the ratio of the cost price to the selling price of...
A merchant fixes the sale price of his goods at 50% above the cost price. He sells his goods at a 20% discount marked price. His percentage of profit (r...
A dealer sold an article at a loss of 4%. Had he sold it for ₹120 more, he would have gained 8%. To gain 11%, he should sell the article for?
A shopkeeper marks an article 50% above the cost price and allows a discount of 20%. If the cost price of the article is ₹600, find the selling price.
'A' purchased an article and sold it to 'B' at 10% profit. 'B' marked it up by 18% above the price at which 'A' has purchased it and then sold it after ...
A shopkeeper marked his goods 60% above cost price and gave a discount of 25%. Find profit percentage of the shopkeeper.
Ajay purchased two items for a total of Rs. 750. He sold the first item at an 18% loss and the second item at an 18% profit. The selling prices of both ...
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what perce...
