Question
How much penalty has been imposed on SBM Bank (India) by
the Reserve Bank of India?Solution
The RBI imposed a penalty of Rs 88.70 lakh on SBM Bank (India) for non-compliance with certain regulatory norms.
Each of the articles was marked 25% above its cost price and while selling 12% discount was given on it. The cost price of article M is Rs. 500 more tha...
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.
Profit percentage received on a product when sold for Rs. 550 is equal to the percentage loss incurred when the same product is sold for Rs. 250. Find t...
A shopkeeper purchases rice of two varieties βAβ and βBβ at Rs. 24 per kg and Rs. 18 per kg respectively. He mixes 1 kg of variety βAβ rice ...
A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is
...A second-hand item was bought at Rs. 650 and had repairs costing Rs. 550. The seller increased the price by 35% but finally sold it at a 30% loss. Calcu...
A shopkeeper marked an article βAβ 60% above the cost price and sold it for Rs. 1008 after giving a certain discount while he sold an article βBοΏ½...
An item is marked at 25% above its cost price. A discount is given on the marked price, and the profit earned from selling the item is three-fifths of t...
- An article was purchased for Rs. (20n + 400). It was labeled 30% higher than its cost and sold after applying a discount of Rs. (2n + 50). If the seller ma...
On a certain item profit is 150%. If the cost price increases by 25% what will be the new profit margin (in %)?
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