Question
A shopkeeper marked an article ‘A’ 75% above the
cost price and sold it for Rs. 5040 after giving a certain discount while he sold an article ‘B’ for Rs. 1344. If cost price of article ‘B’ is Rs. 960 and profit percentage earned on selling article ‘B’ is 60% more than discount percentage given on selling article ‘A’ then find the cost price of article ‘A’.Solution
Percentage profit earned on selling article ‘B’ = [(1344 – 960)/960] × 100 = 40% So, percentage discount given on selling article ‘A’ = 40/1.6 = 25% So, marked price of article ‘A’ = 5040/0.75 = Rs. 6720 Cost price of article ‘A’ = 6720/1.75 = Rs. 3840
Name the bank which has been recently put by RBI under Corrective Action Framework (PCA).
Consider the following statements in regards to 38th Amendment Act, 1975:
1. This Act amended Articles 123, 213 and 352 of the Constitution
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