Question
The question consists of two statements numbered “I
and II” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. Find the cost price of watch. Statement I : If MRP of the watch Rs. 360 above the cost price and 10% discount is given, then profit is 8%. Statement II : If watch is sold on profit of 12%, then difference between sale price and cost price is equal to Rs. 216.Solution
From Statement I: Let CP = 100x MP = 100x + 360 Given that, 10% discount given so, MP = 90x + 324, which is equal to 8% profit Therefore, 108x = 90x + 324 x = 18 So, CP = Rs. 1800 From Statement II: Given that, SP – CP = 216 12% = 216 100% = 1800 So we can find the answer from either I or II statements.
What is the purpose of the "Animations" tab in PowerPoint?
Eena Khande is creating her project report as a document and is interested in typing the same in an easy-to-use software with facility of formatting pag...
Which software application is typically used for creating text documents?
What is the purpose of the CONCATENATE function in Excel?
Which out of the following is true about cell range in MS Excel?
What is the short cut key to centre the paragraph?
Which formula is used to join text from two cells in a spreadsheet?
To make the selected text bold, the shortcut key is ____
In Windows operating system it is the long horizontal bar at the bottom of a screen.
What is the file extension of Window Media Video file?
