Question
A shopkeeper purchases rice of two varieties ‘A’ and
‘B’ at Rs. 30 per kg and Rs. 21 per kg respectively. He mixes 1 kg of variety ‘A’ rice with 2 kg of variety ‘B’ rice and sells the mixture at Rs. 36 per kg. What is his profit percent?Solution
Cost price of 3 kg of the rice mixture = 30 + 21 × 2 = Rs. 72 Cost price of 1 kg of the rice mixture = 72 ÷ 3 = Rs. 24 So, profit percentage = (36 – 24) ÷ 24 × 100 = 50%
Which of the following types of companies are not permitted to set up operations in GIFT City's IFSC?
What is the primary objective of SIDBI's "Mission Swavalamban "?
Which one of the following is/are the major differences between National Automated Clearing House (NACH) & Electronic Clearing Service (ECS)?
PM KISAN is a Central Sector scheme with 100% funding from the Government of India .It has become operational in _______ under which an income support o...
What is the traditional culinary delight from Odisha’s Mayurbhanj district that recently received a Geographical Indication (GI) tag?
The provisioning norms for Standard assets which are Farm Credit to agricultural activities, individual housing loans and Small and Micro Enterprises (...
RBI announced to lower net worth requirement from 100 crore to ____ for operating the units in Bharat Bill Payment Systems.
Arrange the Poverty Estimation Committees as per the historical time line.
I- National Planning Committe...
Which institution has been designated as the nodal agency for coordination and technical guidance of the National Family Health Survey (NFHS)?
Regarding the International North-South Transport Corridor, consider the following statements -:
I. It is an extension of China's Belt & Road ...
