Question
Mr. Joseph makes 1800 articles at a cost of 40
paise/article. He fixed the selling price such that if only 1000 articles are sold, he would have made profit of 50% on the outlay. However, 500 articles get spoilt and he was able to sell 1300 articles at this price. Find his actual profit percent as the percentage of total outlay assuming that the unsold articles are useless?Solution
CP of 1800 articles = 1800 ×40/100 = Rs 720 SP of 1000 articles = 720 + 720 ×50/100 = Rs 1080 SP of 1 article = 1080/1000 = 27/25 SP of 1300 articles = 27/25× 1300 = Rs 1404 Profit = 1404 – 720 = Rs 684 Profit % = 684/720× 100 = 95%
Nothing is an offence which is done by a child under ……. Of age
No company limited by shares shall, after the commencement of the Companies Act, 2013 issue any preference shares which are __________________
The title of Section 6 of the Central Vigilance Commission Act, 2003 is:
As per Section 8A(1)(b), one of the actions the Commission may take is:
What does the writ of Certiorari mean?
According to Section 6 of the BNSS, 2023, which of the following is not a class of Criminal Court in every State?
A cyber criminal used an intermediate server located outside India to access and modify data in an Indian government agency's computer system. The modi...
According to the Code on Social Security, 2020 Employees’ State Insurance Corporation shall consist of ___________________
Section 8 of the Banking Regulation Act, 1949 prohibits a banking company from doing which of the following?
Facts, not otherwise relevant, are relevant if they________________ opinions of experts, when such opinions are relevant.
Relevant for Exams:
