Question
A merchant earned a profit of Rs. 75 on the selling
price of a sweater that cost the merchant Rs. 450. Quantity I. The profit expressed as a percentage of the cost to the merchant. Quantity II. The profit expressed as a percentage of the selling price. Study the following information carefully and answer the Questions given below:Solution
Quantity I. % profit on the cost price = 75/450× 100 = 1/6× 100 = 162/3 % Quantity II. Selling price = 450 + 75 = 525 % profit on the selling price = 75/525× 100 = 14 2/7 % Hence, Quantity I > Quantity II
Which scattering phenomenon is responsible for the primary cause of the blue color of the sky?
Which one of the following five year plans has the highest growth rate in Agriculture sector in India?
Who is regarded as the pioneer of the field of Agricultural Economics
Which process occurs in the mesophyll cells of C4 plants during the Hatch-Slack cycle?
Which installment of PM kisan released on 31st may 2022, as an income support to the farmers and what is the total number of beneficiaries benef...
In which type of flower does the margin of the thalamus grow upward and enclose the ovary completely, making the ovary inferior?
Each turn of B-oxidation spiral generates two reduced coenzymes in the form of
Seed germination depends on
Which of the following has power to make regulations under Food Safety Standard Act?
What is the MSP of wheat according to 2017-18?