Question
The ratio of the cost price to the marked price of an
article is 2:5 and the ratio of the profit percentage to the discount percentage is 5:2. Find the profit percentage.Solution
CP:MP = 2x:5x Profit = MP – CP = 5x – 2x = 3x Profit% : Discount% = 5:2 Let CP = 200 and SP = (2x + 5x = 5x) = 500 According to question, => (5x/100) × 200 + (2x/100) × 500 => 10x + 10x = 20x => 20x ----100 => x = 5% Profit % = 5 × 5% = 25%
Which of the following is NOT a model of e-governance as proposed by Prof. Dr. Arie Halachmi?
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which branch of economics deals with the study of the economic activities of individual units?
Which of the following statements is true?
Which of the following defines ambient standards in an environmental policy
Which of the following statements is true for a mixed economy?
Give below are two statements:
Statement - I: The terms of trade of a nation are defined as the ratio of the cost of its export commodity to th...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which of the following leads to an outward shift in the supply curve
Which of the following statements is INCORRECT about the Finance Commission?