Question
A shopkeeper sold two articles for Rs. 2500 each. One
article is sold at a profit of 25% while another one is sold at a loss of 20%. What will be the sum of the selling prices of both the articles if the shopkeeper wants a profit of 15% by selling both the articles together?Solution
Cost price of both articles together = 2500/1.25 + 2500/0.8 = 2000 + 3125 = Rs. 5125 So, desired selling price = 1.15 × 5125 = Rs. 5893.75
Who may call an Extraordinary General Meeting as per the Companies Act?
What is the wallet limit under UPI Lite, as revised by RBI recently?
The Data Link Layer of the OSI model is responsible for:
Which of the following statement is true relating to the display of name of foreign company as per the provisions contained in the Companies Act?
As per the provisions of the Companies Act when is an unregistered company deemed to be unable to pay its debts?
Which of the following is the golden rule of entry for personal accounts in the accounting process?
According to the Companies Act in a case where the membership of a Producer Company consists of individuals and Producer Institutions, the voting rights...
Which of the following is incorrect with respect to the information that are required to be incorporated in the Memorandum of Association of a Company?
In India, Treasury bills (T-bills) are used to raise short term money for the _____
As per the Companies Act a “company” means_______________
Relevant for Exams:
