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The Securities and Exchange Board of India (SEBI) and Association of Portfolio Managers in India (APMI) will jointly set standards for performance audit of portfolio management services (PMS) players. After SEBI’s recent tightening of norms, PMS players are required to conduct a performance audit annually and submit a report within 60 days after the end of a financial year. This performance audit needs to consider all clients' portfolios managed by the PMS. However, performance of advisory clients can be excluded only if it is not published in any marketing material or website. The standard specified by APMI will be effective from October 1,2023.
A shopkeeper buys 20 articles for Rs 5,000. He sells each article at 25% profit on the cost price. Due to a seasonal sale, he offers a 10% discount on t...
Anuj sold a bicycle to Bishnu at a profit of 32%, and Bishnu sold it to Sam at a loss of 40%. If Sam paid Rs. 3,168, What will be...
A shopkeeper bought two televisions at a certain amount. He sold the first television at a 30% profit and the second television at a 20% loss. If the se...
A shopkeeper makes a net profit of 38% on selling an article at successive discount of 25% and 8%, respectively. Find the net profit percentage, if the...
A manufacturer sells an article to a wholesaler at a profit of 20%. The wholesaler sells it to a retailer at a profit of 25%, and the retailer sells it ...
A trader purchased 100 identical items for a total of ₹20,000. He sold 40% of the items at a profit of 25% and the remaining items at a loss of 15%. D...
Sara sold 30 scarves at a profit of 25%. If she had sold all the scarves for Rs. 3000 more, her overall profit would have been 50%. What is the selling ...
The selling price of an article by two different vendors is Rs.900 and profit earned is 20%. One vendor counts his profit on cost price while other one ...
A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned ...
A Shopkeeper sold an article at 20% loss. If he had sold it for Rs. 420/- more, he would have made 40% profit, find the selling price of the article?
