Question
Consider the following Statements and choose the option
with correct Statements. I- India had five major financial centres previously, namely, Mumbai, New Delhi, Kolkata, etc. II- GIFT-City in Gujarat is the first and the only international financial services centre in India, as of now. III- The difference between a simple financial centre and an international financial centre (IFC) is that IFCs cater to customers outside their own jurisdiction and deal with the flow of finance and financial products/services across borders.Solution
While India had two major financial centres previously, namely, Mumbai and New Delhi, GIFT-City in Gujarat is the first and the only international financial services centre in India, as of now. The difference between a simple financial centre and an international financial centre (IFC) is that IFCs cater to customers outside their own jurisdiction and deal with the flow of finance and financial products/services across borders.
A seller purchases pears for Rs. 192 per dozen and sells each for Rs. 20. If he sells 5 dozen pears, how much profit does he earn in total?
A shopkeeper sells an article for Rs 350 and earns twice the profit that he would have earned on selling this article for Rs 300. Find the C.P of this a...
Marked price of an article is Rs.280 more than its cost price. If profit earned is equal to the discount given then find the profit earned?
David earns a profit percentage of 18% on the cost price by selling an item for Rs. 5,900. Find the cost price of the item.
A shopkeeper sold a school bag at a profit of 35%. Had he sold the school bag at 15% profit he would have earned Rs.148 less. Find the cost price of the...
A shopkeeper sold an article at the profit of 15% and also while weighing used a weight of 920 gms. in place of 1 kg. Find out his actual total profit%?
A dealer buys three different fruits A, B & C at the rate of Rs. 50, Rs. 40 and Rs. x per kg respectively. The quantity (by weight) of B bought by him i...
A shopkeeper sold a jacket for Rs. 2400 at a loss of 40%. At what price should he have sold the jacket, to earn a profit of 30%?
The ratio of the cost price and marked price of an article is 4:9, respectively. The article is sold after giving a discount of Rs. 700 such that there ...
A trader marked an article 70% above its cost price and sold it after allowing a discount of 40%. If the transaction resulted in a profit of Rs. 40, the...
