Question
Recently which global tech firm had buys 1.2% stake in
Bharti Airtel for $700 million?Solution
Bharti Airtel approved allotment of 71 million shares to tech major Google at an issue price of Rs 734 per share. Google will hold 1.2% of total post-issue equity shares of the company. In January, Google had said that it will invest $1 billion in Bharti Airtel. Of this, $700 million (Rs 734 per share) will be for picking up 1.28% stake in the country’s second-largest telecom service provider, while the rest will be for multi-year plans related to devices and other programmes around digital inclusion. The deal with Bharti and earlier with Jio is part of Google’s India Digitization Fund through which it has committed to invest $10 billion over 5 to 7 years.
- A furniture set was purchased for Rs. 850 and fixed with an additional Rs. 450. It was then tagged 40% above the cost but later sold at a 15% loss. What is...
Article ‘P’, if sold at a profit of 40% earns a profit of Rs. 400. If article ‘P’ is marked 40% above its cost price and then sold after offerin...
The cost price of 14 headphones equals the selling price of 10.5 headphones. The ratio of the cost price of a headphone to a phone case is 7:6. The tota...
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%?
‘X’ sold an item to ‘Y’ at 25% profit, who then sold it to ‘Z’ at a profit of Rs. 60. If the difference between cost price of the item for �...
The cost price of 32 pineapples is Rs. 80. If they are sold at a 20% profit, how many pineapples need to be sold for exactly Rs. 72 to break even, consi...
A boy buys a lipstick for Rs. 235 and sells it Rs. 141. Find his loss percent.
The marked price of a blender is Rs. 800. The shopkeeper sold the blender at a 15% discount and earned a profit of Rs. 120. If the cost price of a juice...
Raju purchased 20 dozen bananas at ₹40 per dozen. He sold 8 dozen of it at 10% profit and the remaining 12 dozen at 20% profit. What is his profit% in...
A shopkeeper marked an article Rs. 200 above the cost price and sold it after giving two successive discounts of 12% and 18% respectively, and faces a l...
