Question
Banks prepare a CMA Report as part of the credit
appraisal process . What is the full form of CMA Report?Solution
Credit Monitoring Arrangement (CMA) format is a report on the Past and Projected Performance of the applicant. It has an aim to understand Financial Health. It also provides information as to how the applicant has procured funds and used them in past 2 years and how it will be done in the next 3 years. Basically, CMA ensures sanctioning of funds to sound businesses only.
X purchased a laptop for Rs. 27,800 and later sold it for Rs. 31,692. What is the percentage of profit he made on this transaction?
A shopkeeper sells an article for 10% profit. If he buys it for 4% less and sells it for profit then he gets Rs. 10 more. What is the original cost price?
Rohit purchased two identical items. He sold one for Rs. 920 and the other for Rs. 805, earning an overall profit of 15%. What was the cost price of eac...
A shopkeeper buys 20 articles for ₹5000 and sells them at a profit of 30%. What is the selling price of each article?
A retailer purchased five articles and incurred some expenses on their transportation. Each article was sold at a markup of 50% above the original cost ...
A manufacturer produces three types of products: X, Y, and Z. The production costs are ₹200, ₹350, and ₹500 per unit, respectively. In a month, th...
The selling price of 12 jackets is equal to the cost price of 15 jackets. Find the percentage of profit earned on selling a jacket.
The selling price of an item rises by Rs. 50 when the profit percentage is increased from 20% to 30%. What is the cost price of the item?
An item marked at Rs. 1,500 is sold for Rs. 1,020 after two successive discounts of 15% and Y%. If a gadget with a cost price of Rs. 6,000 is sold at a ...
- The cost price, selling price and marked price of an appliance are in the ratio 5:7:11. If the profit made is Rs. 600, then how much discount was offered o...
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