Question
Article ‘P’, if sold at a profit of 40% earns a
profit of Rs. 400. If article ‘P’ is marked 40% above its cost price and then sold after offering two successive discounts of 10% 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. 100y Then, according to the question, 40y = 400 Or, y = (400/40) = 10 So, cost price of article = Rs. 1000 Marked price of the article = 1000 × 1.4 = 1400 Price after 1st discount of 10% = 1400 × 0.9 = 1260 So, further discount be given = 1260 – 1000 = Rs. 260 Or, x = 260
The terms ‘Agreement on Agriculture’, ‘Agreement on the Application of Sanitary and Phytosanitary Measures’ and ‘Peace Clause’ appear in the...
For company A, what is the approximate percentage decrease in production from 2015 to
Which Indian has won the ”Ramon Magsaysay Award-2023”?
Rahul saves Rs. 6000 more if he spends 50% of his income instead of 70%. Find the savings of Sumit whose income is 25% more than that of Rahul, and spen...
Gosikhurd National Irrigation Project is related to which of the following states?
What is the maximum limit of gratuity payable under the act before the 2018 amendment?
The money multiplier in an economy increases with which one of the following?
With reference to term 'White Good' seen sometime in news, which of the following statements is correct
Which one of the following chemical is used as food preservative?
The magnetic field produced due to a circular coil carrying a current having six turns will be how many times that of the field produced due to a single...
