Question
A marked an article 50% above the cost price and sold it
for Rs. 600 after giving a discount of 60%. Find the percentage profit earned by him if he sells the article for Rs. 1200.Solution
Marked price of the article = 600/0.4 = Rs. 1500 Cost price of the article = 1500/1.5 = Rs. 1000 Desired Profit percentage = [(1200 – 1000)/1000] × 100 = 20%
Which of the following defines 'seasonal unemployment'?
What does 'GVA' stand for in economic contexts?
What is the primary aim of currency devaluation?
What does 'VAT' stand for in the context of taxation?
In economic terms, the total market value of all final goods and services produced in a given year is known as.........
Which one of the following pairs is correctly matched?
Goods for which demand increases as their price rises are known as:
India is not part of which of the following?
When unemployment of potential workers that is not reflected in official unemployment statistics, due to the way the statistics are collected, it is kn...
A set of three statements regarding measures of National income are given below.
Read each statement and answer whether each statement is true or...
Relevant for Exams:
