Question
A shopkeeper marked an article P% above its cost price
and sold it for Rs. 748.8 after giving a discount of 28%. If the shopkeeper had a loss of 6.4% on the whole transaction, then find the value of ‘P’. (approximate value)Solution
Marked price of article = 748.8/0.72 = Rs. 1040 Cost price of the article = 748.8/0.936 = Rs. 800 So, P = [(1040 – 800)/800] × 100 = 30% (approx)
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 ?
Relevant for Exams:
