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?
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
Which of the following is the objective of the IRDA Act?
As per the IBC, 2016 a Financial Creditor means______________
Contingent agreements to do or not to do anything, if an impossible event happens, are void ____________
Who has the power to audit the accounts of the Authority under the IRDA Act?
Choose the word which is the opposite of the word ABET?
No company limited by shares shall, after the commencement of the Companies Act, issue any preference shares which are ____________
Which convention provides protection to prisoners of war under International Humanitarian Law?
What are the processes issued to compel appearance of accused?
For the purposes of clause (g) of sub-section (1) of Section 16 of Maharashtra Rent Control Act, the expression "Landlord" does not include:
As per Section 2(ll) of the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952 superannuation in relation to an employee, who is the me...