Question
Matthew sells Chocolates in the packs of 6 chocolates,
12 chocolates, 18 chocolates and 24 chocolates etc, but the rate is necessarily uniform. One day Carlos purchased at the rate of 6 chocolates for a rupee and the next day he purchased equal number of chocolates at the rate of 12 chocolates for a rupee. Next day he sold all the chocolates at the rate of 18 chocolates for Rs. 2. What is his percentage profit or loss?Solution
Cost of one chocolate (in first case) = 1/6 = 16.66 paise Cost Price of one Chocolate (in second case) = 1/12 = 8.33 paise Average Cost Price of one chocolate = ((16.66 + 8.33)/2) = 12.5 paise Selling Price of one chocolate = 200/18 paise Loss % = (12.5- 200/18 )/12.5 ×100 = 25/(18 ×12.5) ×100 = 11.11%
A listed company or an aggrieved investor may file an appeal before the Securities Appellate Tribunal against the decision of the recognised stock excha...
Section 111 of the Bharatiya Nyaya Sanhita, 2023 introduces the offence of ___________________
What is the term of office for the President of India?
In regard to controls on export of specified goods, services and technology referred to in Chapter IVA of the Foreign Trade (Development and Regulation...
What is the period of limitation given in Schedule of Limitation act for a Bill of exchange and a promissory note?    Â
Who amongst the following is not a manufacturer as per Consumer Protection Act, 2019?
As per the Factoring Regulation Act what are the obligations of the debtor upon receiving a notice of assignment as referred to in section 8?
Under what circumstances and for what purpose can the Central Government take measures related to aircraft, as provided under section 8B of the Aircraf...
The provisions of partnership act are_____.
As laid down under the Constitution of India _____________ Article empowers the High Courts to issue writs for the enforcement of Fundamental Rights?
Relevant for Exams:
