Question
Article ‘P’, if sold at a profit of 30% earns a
profit of Rs. 900. If article ‘P’ is marked 40% above its cost price and then sold after offering two successive discounts of 13% and Rs. x, respectively then what would be the value of ‘x’ such that there is neither profit nor loss in the transaction?Solution
Let the cost price of article ‘P’ = Rs. 100 y Then, according to the question, 30y = 900 Or, y = (900/30) = 30 So, cost price of article = Rs. 3000 Marked price of the article = 3000 × 1.4 = 4200 Price after 1st discount of 13% = 4200 × 0.87 = 3654 So, further discount be given = 3654 – 3000 = Rs. 654 Or, x = 654
Among the four works mentioned below which one is encyclopaedic in nature?
What is the applicability of the Workmen’s Compensation Act, 1923, as per the amendment made in 1995?
For outstanding contribution in which of the following sports did TP Ouseph win the Dronacharya Award for 2021?
Which one of the following statements about the situation in the Ryotwari areas is correct?
The I-V graph of three resistances R₁ ,R₂ and R₃ is shown in the figure below. The correct relation between R₁ R₂ and R₃ is:
In which of the following session Muslim league passed a resolution for the establishment of a separate homeland for the Muslims of British India?
Which of the following statements is true about the accounting equation?
Dr. Shankarbaba Pundlikrao Papalkar is known for his dedication to improving the lives of:
The principle that suggests recording expenses only when they are realized, and income only when they are certain, is known as:
Which of the following is/are the benefit of a stable population?
I. Less pressure on natural resources
...
