Question
A shopkeeper purchased an article for Rs. ‘a’ and
marked it 150% above its cost price and sold it after giving two successive discounts of 540 and 20%, respectively and earned a profit of Rs. 4a/5. Find the marked price of the article.Solution
Selling price of the article = a + (4a/5) = Rs. (9a/5) So, (9a/5) = (2.5 × a – 540) × 0.80 Or, 1.8a = (2.5a – 540) × 0.80 Or, 2.25a = 2.5a – 540 Or, 0.25a = 540 Or, a = 2160 So, marked price of the article = 2.5 × 2160 = Rs. 5400
What is the settlement cycle in Indian stock market?
When was the Samadhaan Portal introduced for monitoring outstanding dues to MSEs?
In terms of banking capital reserve, Tier II's capital loss absorption capacity is____ that of Tier I capital.
In India, Treasury bills (T-bills) are auctioned by _____
Non-institutional Investors (NII) are typically the investor who invest above Rs.2 lakh in IPO. As per SEBI, what are the two sub categories of NIIs?
To ensure the viability of a social project, SEBI mandates that a Not-for-Profit Organisation (NPO) must achieve a minimum subscription of ________ of t...
As per SEBI regulations, REITs and InvITs are required to distribute at least what percentage of their net distributable cash flows to unit holders?
Which of the following is not the name of the sensitive index of any stock exchange ?
Before the opening of a book-built IPO to the public, a company allocates 30% of the QIB portion to a few large institutional investors such as mutual f...
When can a trust created by will be revoked under the Indian Trusts Act, 1882?
