Question
What was the percentage of discount offered? I)
Profit earned by selling the article for Rs. 324 after giving a discount was Rs. 24. II) Had there been no discount, the profit earned would have been Rs. 60. III) Had there been no discount, the profit earned would have been 20%. In each of the following questions, a question and three statements I, II and III are given. You have to decide whether the date given in the statements are sufficient to answer the question or not.Solution
From statement I, CP = 324 – 24 = Rs. 300 From statement II, MP = 300 + 60 = Rs.360 Discount = 360 – 324 = Rs. 36 Discount% = 36/360 x 100 = 10% From III, Profit = 20/100 x 300 = Rs. 60 MP = 300 + 60 = Rs.360 Discount = 360 – 324 = Rs. 36 Discount% = 36/360 x 100 = 10% Hence, I and either II or III only are sufficient to answer the question.
Which of the following is not true for geometric mean?
Which of the following statement is true for NRR?
Which of the following is not a cause of rightward shift of demand curve?
A systematic sample does not yield good result, if -
Infant mortality rate is the ratio of -
Which of the following is a second-order condition of short-run equilibrium of firm under perfect competition?
Which of the following is yearly publication of CSO?
A population is said to be stationary, if -
If Q₁, Q₂ and Q₃ are three quartiles of a frequency distribution, which of the following holds if the distribution is negatively skewed?
...Which of the following is Non-governmental Statistical Organisation?