Question
A shopkeeper marked an article Rs. 700 above its cost
price and sold it after giving a discount of 20% and earned a profit of 30%. Find the cost price of the articleSolution
Let cost price of the article is Rs. 100x So, 1.30 × 100x = 0.80 × (100x + 700) Or, 130x = 80x + 560 Or, 50x = 560 Or, x = 11.2 Cost price of the article = 100 × 11.2 = Rs. 1120
Which of the following statements accurately describes the relationship between price and quantity demanded/supplied, considering potential exceptions?
In case of wilful defaulters, the bank must complete the identification process within:
Which electronic platform is used for facilitating T-bills auctions?
As per the UK Sinha Committee, which of the following measures was proposed to improve the financing of MSMEs?
Which of the following Scheme has been merged into Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS) Scheme.
I- Pradhan Mantri Kaushal Ko Kaam K...
Which of these are covered under Regulated Entities (RE):
1. All India Financial Institutions (AIFIs)
2. All Non-Banking Finance Companies...
Which of the following is correct regarding Reinvestment Risk?
                             i.       When I...
What is the full form of IFSC in the context of GIFT City?
Which role is the manager playing when he communicates within and outside the organization to maintain healthy relationship both within and outside the ...
As per the Companies Act, 2013, the minimum gap between two Annual General Meetings (AGMs) should not be more than:
