Question
'A' purchased an article and sold it to 'B' at 10%
profit. 'B' marked it up by 20% above the price at which 'A' has purchased it and then sold it after giving a discount of Rs. 530. If 'B' suffered a loss of 15% in the transaction, then find the cost price of the article for 'A'.Solution
Let the cost price of the article for A be Rs. x Therefore, cost price of the article for B = Rs. 1.1x Marked price of the article = Rs. 1.25x Selling price of the article for B = 0.85 × 1.1x = Rs. 0.935x According to the question, 1.2x – 0.935x = 530 Or, x = 530/0.265 = 2000 Therefore, cost price of the article for A = Rs. 2000
Which of the following is NOT a benefit of career development and management systems for managers?
In comparison to a small group communication, in organizational communication which of the following can be said true __?
Regional Rural Banks were created on the recommendation of:
In the context of Cash Credit (CC) facilities, what does the term 'Drawing Power' refer to?
According to Union Budget 2023-24, consider the following statements regarding MSMEs:
1. Medium enterprises with turnover up to Rs 2 crore and ce...
Most of the widely used global security indices are:
Customer service in a bank branch has been disrupted for 2 hours, due to failure of the central server. What type of risk is this?
What is the minimum tradable amount at which treasury bill is quoted in secondary market?
What is the name of the short-term advance given by the RBI to the government if it shows the negative balance?
What growth forecast for India did S&P Global Ratings retain for FY25?
