Question
The marked price of an article is ₹625. After allowing
a discount of 32% on the marked price, there was a profit of ₹25. The profit percentage (correct to the nearest integer) is:Solution
The selling price of the article = (100 - 32)/100 × 625 = (68/100) × 625 = Rs. 425 The cost price = 425 - 25 = Rs. 400 The percentage of profit = (25/400) × 100 = 6.25% ≈ 6% (correct to the nearest integer) ∴ TThe profit percentage (correct to the nearest integer) is 6%
According to RBI,which country was the largest source of FDI in India for the year 2016-17?
Under the provisions of the Industrial Disputes Act 1947, the employer of any industry declares lay-off, is required to provide alternate employment to ...
The main determinant of real wage is:
What term is used to describe inflation caused by an increase in the cost of production inputs?
Which type of union avoids political action and resorts to strikes only when necessary?
The principle of indemnity aims to prevent:
Which of the following statement is/are incorrect about “Gross Domestic Product”?
I. Gross Domestic Product (GDP) is that i...
Who among the following founded the city of Ahmedabad?
____provides a mutually acceptable solution between both the disputing parties and brings about speedy settlement of disputes without resorting to strik...
In Indian Economy, who are Marginal Workers?
...