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ARCs are created to make profitable the bad assets (NPAs) of Banks and other financial institutions. ARCs are created under SARFAESI Act 2002. ARCIL (Asset Reconstruction Company India Ltd) is the first ARC in India. RBI has asked all existing asset reconstruction companies (ARCs) to have a minimum corpus of Rs100 crore by March 2019.
A Man sold 2 articles for ₹4,000 each, gained 20% on one and lost 20% on the other. What is the total gain or loss rounded to the nearest integer?
A fruit vendor bought 300 bananas at Rs 20 per 10 bananas. 125 bananas got spoiled and hence thrown. He sold 12 dozen bananas at the rate of Rs 15 per d...
A man sells two articles at 29.180 each. He gains 8% on one article and loses 15% on the other. His overall profit or loss is:
A man bought 5 articles K, L, M, N, O at Rs. 620 each. Selling prices of K,L, M,N and O were x, x+ 20, x +25, x +75, x +80 respectively. Overall profit ...
A trader buys 150 kg of rice at ₹20 per kg and 100 kg of rice at ₹25 per kg. He mixes them and sells the mixture at ₹27 per kg. What is his overal...
A shopkeeper give 4 articles free on the purchase of every 12 articles. He also allows a discount of 25% to customer and still earns 20% profit. Find th...
Abhijit buys an old scooter for Rs. 3700 and spends Rs. 300 on its repairs. If he sells the scooter for Rs. 5500, his gain percent is
Guru and Chirag are dealers of mobile. The price of mobile is Rs. 54,000. Guru gives a discount of 20 % on whole, while Chirag gives a d...
Marked price of an article is Rs.800 more than the cost price. When the same article is sold at a discount of Rs.400, the profit percent earned is 25%. ...
The cost price of a pen is Rs. 200. If the marked price and selling price of the pen are 25% more and 20% more, respectively than its cost price, then f...
