A shopkeeper marked an article P% above its cost price and sold it for Rs. 1600 after giving a discount of 20%. If the shopkeeper had a loss of 8% on the whole transaction, then find the value of ‘P’. (approximate value)
Marked price of article = 1600/0.80 = Rs. 2000 Cost price of the article = 2000/0.92 = Rs. 1739.13 So, P = [(1600 - 1739.13)/1739.13] × 100 = 15% (approx)
The government has raised the threshold limit of PF withdrawal for deduction of tax from 30,000 to ?
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