Question
A Fruit seller purchased 1530 bananas at the rate of Rs.
20 per dozen. 90 bananas get rotten. In order to make a 20%, he must sell the remaining bananas at the rate of ?Solution
Total cost price = 1530/12 = 127.5 dozens Cost Price= 127.5Ă—20 = Rs.2550 Bananas left for sale = 1530 − 90 = 1440 bananas Required selling price for 20% profit : Selling price = 2550 + (0.2Ă—2550) = 2550+510 = Rs.3060 Selling price per banana = 3060/1440 = Rs.2.125 Selling price per dozen = 2.125 Ă— 12 = Rs.25.50 The selling rate should be Rs. 25.50 per dozen.
Which of the following model/ method makes use of Beta (β) in the calculation of the cost of equity?
Two primary qualitative characteristics of financial statements are
A multinational corporation with subsidiaries in multiple countries is exposed to significant currency risk due to fluctuations in exchange rates. The c...
Under the SARFAESI Act a who can enforce the security interest created in his favour without the intervention of the Court or Tribunal?
The term CHIPS stands for:Â
Name the document which is known as the charter of the company whose purpose is to enable the shareholders, creditors and those dealing with the company...
What measures are being implemented to improve the resilience of India's external sector?
What is the role of Open Market Operations (OMO) by RBI?
What is the maximum loan limit per borrower for renewable energy projects like power generators or public utilities, under priority sector lending (PSL)...
What is the range of the guarantee cover amount under the Credit Enhancement Guarantee Scheme for Scheduled Castes (CEGSSC)?
