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Start learning 50% faster. Sign in nowCost price of the pen for Vaibhav = Rs.2000 Loss for Vaibhav = 20% So, selling price for Vaibhav = [(100 – 20)/100] × 2000 = Rs.1600 Hence, Cost Price for Ravi = Rs.1600 Profit earned by Ravi = 10% So, Selling price for Ravi = [(100 + 10)/100] × 1600 = Rs.1760 Hence, Cost Price for Vikas = Rs.1760 Profit to be earned by Vikas = 10% So, Selling Price for Vikas = [(100 +10)/100] × 1760 = Rs.1936 ∴ The price at which Vikas should sell the pen is Rs.1936.
Which of the following is a restriction regarding investments made by banks in securities/instruments issued by NBFCs?
Akash Ltd sells 3 products X, Y and Z. The following information was available at the year end :