Question
Banks are authorized to sell third party products. Which
are these products?Solution
Banks act as agents for Asset Management Companies (AMCs) to distribute different types of mutual fund schemes (equity, debt, hybrid, etc.) to their customers, allowing for investment diversification.
Two articles P and Q were sold at 20% profit and 25% loss respectively. If the cost price of Q is Rs. 180 and the net profit on the deal is Rs. 6, find ...
A gadget is marked 100% above its cost price and is sold for Rs. 1,080 after giving two successive discounts of 10% and 20%, respectively. Find the diff...
A shopkeeper bought three items: a microwave for Rs. 25w, a refrigerator for Rs. 40w, and a washing machine for Rs. 35w. The average price of these item...
A dealer sold an article for Rs. 288 after allowing a discount of 28% on its marked price. If the dealer suffered a loss of 20% in this transaction, the...
An item is purchased for ₹400. What should be its selling price to achieve a 15% profit?
The sum of the cost prices of two articles, 'C' and 'D', is Rs. 480. Both articles are marked up by 60%, whereas the marked price of article 'D' is Rs. ...
P purchased a book from registered store and gets 20% discount while Q purchased the same book from a roadside stall and got 24% discount. If Q paid Rs....
The sale price of an item is set at 30% above the cost price. After giving a 10% discount on the marked price, what is the merchant’s profit percentag...
A trader marked an article 70% above its cost price and sold it after allowing a discount of 40%. If the transaction resulted in a profit of Rs. 20, the...
A shopkeeper marked an article P% above its cost price and sold it for Rs. 960 after giving a discount of 20%. If the ratio of cost price and selling pr...
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