Question
The price of a product is first reduced by 15% and then
increased by 25%. If the final price is ₹690, then find the original cost price.Solution
ATQ;
Original cost price = 690 * (100/85) * (100/125)
= 690 * (20/17) * (4/5)
= ₹648
The Bank overdraft repayable on demand will be reported in the cash flow statement as _____
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