Question
What is a key functional difference between NBFCs and
banks?Solution
NBFCs are not part of the payment settlement system.
- An item is sold after giving two back-to-back discounts of 25% and 10%. If its selling price comes out to be Rs. 6,075, find out the original marked price.
A shopkeeper purchased an article for Rs. ‘a’ and marked it 140% above its cost price and sold it after giving two successive discounts of 480 and 2...
- A dishonest shopkeeper marks up the price of his produce by 40% on the cost price and sells it providing a discount of 25%. If he uses 800 gram as weight i...
The selling price of an article by two different vendors is Rs.680 and profit earned is 25%. One vendor counts his profit on cost price while other one ...
The difference between selling an item at an 18 percent loss and at a 14 percent profit is Rs. 1000. At what price should the item be sold to make a pr...
The ratio of the cost price to the marked price of an article is 1:4 and the ratio of the profit percentage to the discount percentage is 4:1. Find the...
A farmer sold two cows, each for ₹45,000. He made a 12.5% profit on the sale of one cow but incurred a 16(2/3)% loss on the sale of the other. Calcula...
- P made a profit of 25% on an article, while Q sold the same article for a 24% profit. If P's profit was Rs. 40 more than Q's profit, what was the cost pric...
Amit marked up an article of cost price Rs. 460 by certain percent and then sold it at discount of 20%. He suffered a loss of 7% in the whole transactio...
If the selling price of an item is 3/4 of its cost price, then what will be the loss/profit percentage?
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