Question
A person purchased an article for Rs. 2500 which was
marked up by 30% above its cost price. The discount given by seller to person was Rs. 100. By how much more price, should the seller have sold to gain 40%?Solution
Marked price of the article = 2500 + 100 = Rs. 2600 Cost price of the article= 2600/1.30 = Rs. 2000 Required selling price = 1.4 times; 2000 = Rs. 2800 Required amount = 2800 ndash; 2500 = Rs. 300
Which of the following statements are true about the role of SEBI in regulating the Social Stock Exchange?
    I. SEBI oversees the regis...
A person to whom financial debt has been legally assigned or transferred to, shall be termed in the Insolvency and Bankruptcy Code (IBC) in India as?
What is the name of the electronic platform introduced by the National Stock Exchange of India (NSE) for trading in debt securities?
What is the role of financial centers in the global economy?
Â
RBI Retail Direct Scheme provides Retail investors the facility to open and maintain the ‘Retail Direct Gilt Account’ (RDG Account) with RBI. It wa...
How does the purchase of a new machinery to expand production capacity affect the working capital of a company ABC Limited?
Which city ranked 350th in the 2024 Oxford Economics Global Cities Index?
In India, who is responsible for conducting auctions of Treasury Bills (T-Bills) on behalf of the Government of India?
When shares are forfeited due to non-payment of call money, the amounts previously paid by the shareholder are credited to the Share Forfeiture Account....
Which of the following schemes facilitates the easy availability of credit to exporters while also reducing risks associated with exports?
