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Explanation: The Ministry of Commerce and Industry reveals that the Wholesale Price Index (WPI) in India fell to a near three-year low with a deflation rate of (-) 0.92% in April, marking its entry into negative territory after 33 months. WPI doesn’t capture changes in the prices of services. In WPI, more weightage is given to manufactured goods, while in CPI (Consumer Price Index), more weightage is given to food items.
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A trader marks all his goods at 60% above the costs price and offers a discount of 15% on the marked price. What is the actual profit % on...
A book is listed at Rs. 1200 and the discount offered is 10%. What additional discount must be given to bring the net selling price to Rs. 900?
A manufacturer marked article at Rs. 450 and sold it allowing 30% discount. If his profit was 25%, then the cost price of the article was
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