The ratio of the cost price and marked price of an article is 5:9, respectively. The article is sold after giving a discount of Rs. 900 such that there is a profit of 60%. Find the amount by which the article is marked up above its cost price.
Let the cost price and marked price of the article be Rs. 5x and Rs. 9x, respectively Therefore, selling price of the article = 1.6 × 5x = Rs. 8x According to the question, 9x – 8x = 900 Or, x = 900 Therefore, amount by which article is marked up above its cost price = 9x – 5x = 4x = Rs. 3600
During the upcoming BRICS summit, which five nations are set to join the original founding five (Brazil, Russia, India, China, and South Africa) as new ...
Consider the following statement about Pradhan Mantri Kisan Samman Nidhi (PM-KISAN):
1. Prime Minister recently distributed the 15th installmen...
According to the data from the Reserve Bank of India (RBI), the gross non-performing asset (GNPA) ratio pertaining to MSMEs in the scheduled commercial ...
How did WWF EIACP PC-RP celebrate World Wildlife Day, 2024?
Maharashtra Government has announced a _____ reservation for Divyang employees in promotions & has decided that this reservation will apply for those ca...
Public procurement of goods and services by central government ministries and departments has crossed _______ via the business-to-government portal Gove...
Which of the following is true regarding the Tamil Nadu assembly's recent passing of the Bill seeking amendment in the Factories Act, 1948 , extending d...
Consider the following statements about Bhoomi Rashi Portal:
1. It is an e-Governance initiative of the Ministry of Road Transport and Highways...
Which ministry has signed an MoU with Gurugram-based Veddis Foundation to support setting up of effective governance systems under the Deendayal Antyoda...
Consider the following statements:
I. The DRDO has successfully tested a hybrid motor “30Kn”.
II. The test aims to discover a new pr...
