Question
Under the NPS Scheme, what is the minimum annuity
purchase requirement for non-government subscribers , at the time of normal exit ?Solution
Ans. B At exit, if the corpus is above Rs.5 lakh, the annuity purchase requirement for non-government subscribers would fall from 40% . The balance 60% can be paid out as lumpsum.
While selling a Bike, Max gives a discount of 25% on the marked price. If he gives a discount of 30%, he earns Rs. 120 less as profit. The marked price ...
Vishal sold an item for a 25% profit. Later, he reduced the cost price and selling price of the item by 20% and 10%, respectively, from their original v...
A merchant initially raised the price of a product by 25% and subsequently by an additional 20%. After providing a 24% discount on the final price, he g...
- Vikram bought a refrigerator for Rs. 32,000 and sold it at Rs. 36,800. Calculate the percentage of profit made.
The selling price of a laptop is Rs. 945. If the laptop was sold at 35% profit, then find the discount offered given that the laptop was marked Rs. 700 ...
The ratio of the cost price of an article to its selling price is 5:6. The marked price of the same item is Rs. 3,000 whereas the sum of the discount of...
A bought an article at 30% less of the marked price and sold it at 12% more than the marked price. Find the profit earned by him.
Article ‘P’, if sold at a profit of 18% earns a profit of Rs. 360. If article ‘P’ is marked 30% above its cost price and then sold after offerin...
The sum of the income of Raj and Roni is Rs. 168000. A spends 50% of his income and B spends 75% of his income in such a way that B’s saving is Rs. 90...
A shopkeeper priced an item at Rs. 640 above its original cost and then sold it at a 25% discount, resulting in a 35% profit. Calculate the cost price o...
