Question
A sold an article at 65% profit. If the profit earned
had been 210% more, then the profit percentage would have been numerically equal to CP. Find the actual cost price of the article.Solution
Let the cost price of the article be Rs. 100x Therefore, selling price of article = Rs. 165x Therefore, profit earned = 165x – 100x = Rs. 65x New profit = 3.1 × 65x = Rs. 201.5x According to the question, (201.5x/100x) × 100 = 100x Or, x = 2.015 Therefore, actual cost price = 100x = Rs. 201.5
When was the Banking Regulation Act passed?
Who is responsible for auctioning the treasury bills?Â
Obligations under Prevention of Money Laundering Act 2002 is defined under which section?
‘Project Tatkal’ is a recent initiative of the State Bank of India to speed up the process of _____________.
Which committee is formed for the Banking Supervision?
What does ‘A’ stand for in CAMELs rating system?
How many Banks were nationalized in the Second Phase of Nationalization of Banks?
Which economy is called as Closed Economy?Â
State Bank Of India unveiled India's first integrated digital platform named ?
In RTGS, S stands for
