Question
If there is a loss of 40% on selling the article at
15/28 of the original selling price then what will be the percentage profit after selling the article at original selling price?Solution
Let the original selling price be Rs. 28x New selling price = (15/28) × 28x = Rs. 15x Now, cost price of the article = 15x/0.6 = Rs. 25x Required profit percent = [(28x – 25x)/25x] × 100 = 12%
Which city is ranked as the most polluted city in the world according to IQAir?
The phenomenon by which money leaves a country and then returns to the country in the form of FDI is referred to as:
What is considered as the life spark of management and includes motivating, guiding, influencing and supervisingthe employees?
The Asset Liability Management (ALM) Statement is to be prepared by every bank and is a regulatory requirement. It shows the maturity time-wise break-up...
Which of the following risk(s) does the Chief risk officer deals with?
Vibha is a part of the product quality control team in an organization. It is one of the most cordial team in the organization famous for arriving at a ...
What minimum percentage of the required CRR, are banks required to maintain on a daily basis?
Which of the following would have the lowest credit risk for a bank/lender?
Which analysis involves the comparison between the current and historical financial performance and the evaluation of developing trends.
The Union Cabinet approved Vibrant Villages Programme that aims at Comprehensive development of villages of blocks on northern border thus improving th...
