Question
Cost price of a bag is Rs.500. The shopkeeper marked it
60% above the cost price and sold it after giving a discount of 22%. If the shopkeeper had sold it at a profit of 30%, then find the difference between original and new selling price of a bag.Solution
Original selling price of a bag = (160/100) × (78/100) × 500 = Rs.624 New selling price of a bag = (130/100) × 500 = Rs.650 Required difference = 650 – 624 = Rs.26
Which amendment in the Indian constitution is described as a "Mini Constitution"?
Which of the following is a ratio wherein the commercial banks have to hold a certain minimum amount of deposit as reserves with the central bank?
Which of the following are those receipts that do not incur any future repayment burden for the government?
‘SWAYAM’, an initiative of the Government of India, aims at
Identify the correct statement about e-Rupee?
I- It is developed by RBI.
II- It is as good as digital currency.
III- It is a prepai...
In game theory and economic theory, a mathematical representation of a situation in which each participant's gain or loss of utility is exactly balance...
Which of the following is not an essential condition for perfect competition?
Where are the headquarters of UNICEF ?
When did Indian became the member of International Energy Agency?
‘Fiscal Drag’ expresses the impact of inflation on which of the following?