Question
A Rs 750 tin of cheese is offered at 8% discount and a
Rs 1,250 tin of butter at 20% discount. If we buy 5 tins of cheese and 3 tins of butter, what is the effective discount we get (in %)?Solution
Each cheese tin cost Rs 750 Discount=8% Cost of each=750*92/100 =690 Cost of 5 cheese tins=3450 Each butter tin=Rs 1250 discount=20% Cost of each butter tin=1250*4/5 =1000 Cost of 3 butter tins=Rs 3000 Total cost=3450+3000 =6450 Total cost without discount=750*5+1250*3 =3750+3750 =7500 Percent=(6450/7500)*100 =86% Discount=100-86 =14%
Which kind of following financial instruments can be issued by Non-Profit Organizations as per the framework provided by SEBI for Social Stock exchanges...
What is the minimum net worth required for a body corporate to be recognized as an Accredited Investor in India?
What was the value of goods and services procured from MSEs by CPSEs in 2023-24?
When does the Securities and Exchange Board of India (Sebi) plan to implement a T+0 (same day) settlement cycle for the cash segment on an optional basi...
Identify the parameters of the Financial Inclusion Index launched by RBI?
 According to the Union Budget 2023-24, consider the following statements. Â
1. As per the First Advance Estimates (FAE) of National Income...
As per Union Budget 21-22, identify the budgetary allocation made for development finance institution?
Which among the following funds of the mutual fund invests primarily in other schemes of the same mutual fund or other mutual funds?
Which city did American Express open its largest campus worldwide?
Match the following economic definition with their correct descriptions: Â