Question
A shirt is marked 50% above the cost price and sold
after a discount of Rs.115 at Rs.545. Find the cost price of the shirt.Solution
Let the cost price of the shirt be Rs.x. Marked price = Rs.1.5x According to question, => 1.5x – 115 = 545 => 1.5x = 660 => x = Rs.440
Planning involves
A) Forecasting
B) Choice among alternative courses of action.
C) Wishful thinking
D) Decision only by production manager
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