Question
The cost price of article A and B is Rs. ‘X’ and Rs.
(X + 800), respectively. Article A is sold at 25% profit while article B is sold at 10% loss. If selling price of article B is Rs. 90 more than that of article A and article B is sold after giving a discount of 20%, then find the marked price of article B.Solution
Selling price of article ‘A’ = x × 125% = Rs. 1.25x Selling price of article ‘B’ = (x + 800) × 90% = Rs. 0.90x + 720 According to the question, 0.90x + 720 – 1.25x = 90 720 – 90 = 0.35x 0.35x = 630 x = 1800 Selling price of article ‘B’ = 0.90 × 1800 + 720 = Rs. 2340 Marked price of the article ‘B’ = 2340/80 × 100 = Rs. 2925
What are the basic parameters required for stabilizing ALM of bank?
             I.       Net Interest Margin
   ...
ABC Ltd stated the reason of poor performance of the company was the unsystematic risks faced by it in the current financial year. Which of the followin...
The concept of morale refers to:
If the Current Assets are less than Current liabilities by 5000, what is the amount of Net Working Capital?
Which of the following is/are the basic component(s) of financial risk?
A 'Deferred Tax Asset' is created when:
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
Private placement of securities, as provided under the Companies Act, which of the following statements is correct?
Which of the following is NOT a Core Industry of India?
Which of the following is a primary difference between investment banking and merchant banking ?