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
Which of the following is NOT a financial measure of divisional performance?
What is specifically required for conducting V-CIP (Video-Based Customer Identification Process) under RBI’s KYC framework?
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
With respect to hire purchase and installment sale transactions, which of the following statement is incorrect?
After providing for ___________, Declaration of Dividends for the current year is made.
An expansionary (inflationary) gap occurs when:
An interface that allows user to store data in a two-tier architecture is known as _______.
AS 20 is related to:
Which of the following statements are true about input tax credit?
Statement 1: Input tax credit of SGST can be utilised for payment of SGST firs...
A shipping company is required by law to bring all ships into dry dock every five years for inspection and overhaul. What is the correct treatment for t...
Relevant for Exams:
