Question
The ratio of cost prices of two articles ‘A’ and
‘B’ is 6:5 respectively and the average cost price of articles ‘A’ and ‘B’ is Rs. 1100. If articles ‘A’ and ‘B’ are sold at profit of 21% and profit of Rs. 200 respectively, then what is the average selling price of the given two articles?Solution
Let the cost price of articles ‘A’ and ‘B’ be Rs. 6y and Rs. 5y respectively Sum of cost price of articles ‘A’ and ‘B’ = 1100 × 2 = 2200 => 6y + 5y = 2200 => 11y = 2200 => y = 200 So, cost price of article ‘A’ = 6y = Rs. 1200 Cost price of article ‘B’ = 5y = Rs. 1000 Selling price of article ‘A’ = 1200 × (121/100) = Rs. 1452 Selling price of article ‘B’ = 1000 + 200 = Rs. 1200 So, average selling price of given two articles = (1452 + 1200) ÷ 2 = Rs. 1326
What is the characteristic of bureaucratic leadership style?
Why is autocratic leadership less likely to be effective according to the passage?
Which task of a leader involves bringing together the efforts of different individuals to achieve a common goal?
What is motivation in emotional intelligence?
What is the task of a leader who is representing the organization?
Each subordinate should have only one superior whose command he has to obey. This is known as
A statement which gives organization-specific definitions of what’s expected and required with respect to the behavior and actions within the orga...
What is empathy in emotional intelligence?
What is the leadership style of an autocratic leader based on?
What is the characteristic of an autocratic leader?
