Question
The cost price of a bat is 75% of the marked price.
Calculate the gain percentage after allowing a discount of 15%.Solution
Let the marked price be ₹100.
Cost price = 75% of ₹100 = ₹75
Discount = 15% of ₹100 = ₹15
Selling price = ₹100 − ₹15 = ₹85 Gain = ₹85 − ₹75 = ₹10
Gain percentage = (10 / 75) × 100 = 13.33%
Which of the following ratio is given by the formula EBIT by Sales?
____________ of the Negotiable Instrument Act 1881 deals with the dishonor of cheques and the consequences, thereon.
The entity willing to act as a Qualified Supplied-Limited Purpose Trading Member (QS-LPTM) on a Bullion Exchange shall be required to have net worth of ...
What does "F" stand for in RDIF?
Which of the following defense technique is used  by a target firm to prevent or discourage a potential hostile takeover by an acquiring company?
Which of the following is considered an intangible asset?
The Reserve Bank of India advised banks to make the Know Your Customer (KYC) procedures mandatory while opening and operating the accounts. Under secti...
Which of the following statements accurately describe payday loans?
1) Payday loans are typically repaid in a single payment on the borrower's ne...
What would be the profit as per cash basis of accounting based on the following information:
Revenues on account = Rs.50000
Cash Sales =...
In the context of the ISLM model, what would cause the LM curve to shift to the right?