Question
A shopkeeper marked an article P% above its cost price
and sold it for Rs. 960 after giving a discount of 20%. If the ratio of cost price and selling price of the article is 25:30, respectively, then find the selling price if the article is sold at a profit of (P + 9)%.Solution
Cost price of the article = (25/30) × 960 = Rs. 800 Marked price of the article = 960/0.8 = Rs. 1200 P% = [(1200 – 800)/800] × 100 = 50% Or, P = 50 Desired selling price = 800 × 1.59 = Rs. 1272
Which city in India has earned the 'World Craft City' tag from the World Crafts Council?
The International Financial Services Centres Authority (IFSCA) has constituted an expert committee on transition finance to formulate a regulatory frame...
Who has been appointed as the President of Basketball Federation of India?
Brand Finance has come up with brand valuation report. As per the report, Life Insurance Corporation has been ranked at ____ in the list of insurance br...
Which state in the northeastern region of India has become the first to achieve 100% saturation of Har Ghar Jal under the Jal Jeevan Mission?
Recently Pakistan has successfully conducted the test flight of which ballistic missile?
Kolkata-based filmmaker Abu Sohel Khondekar's short film "Mehroon" won a special jury mention at which film festival?
What does "ADAS" stand for in the context of "THE ADAS SHOW 2023" event?
Which country officially marked the commencement of its 2024 BRICS Chairmanship on January 1, with a focus on fostering collaboration among BRICS nation...
What is the interest rate of the World Bank loan provided for the UP AGREES initiative?