Question
A loss of 15% is made by selling an article. Had it been
sold for Rs.75 more, there would have been a profit of 10%. What would be the selling price of the article if it is sold at 20% profit?Solution
CP of an article = 75 × 100/[10 – (-15)] = Rs.300 SP at 20% profit = (120/100) × 300 = Rs.360
What is the full form of TReDS?
Which of the following statements does not represent a true characteristic of a company under the Companies Act, 2013?
ABC Bank Ltd has extended a Rs.10 crore loan at 5% over the repo rate. The loan is to be repaid in equal quarterly instalments. The bank’s funding of ...
Why is diversity training important in the workplace?
If the Current Assets are less than Current liabilities by 5000, what is the amount of Net Working Capital?
What is "Flipping" in the context of entrepreneurship?
Which of the following is not a resolution method under RBI’s Prudential Framework for stressed assets?
What recent amendment has the government made to the foreign direct investment (FDI) policy in the space sector?
Which of the following is one of important objective behind the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGTMSE) ?
MNO Ltd got its bond rated by a credit rating agency. The rating given to the bond was lsquo;AA-lsquo;. What does this rating indicate?
Relevant for Exams:
