Question
The cost price of a bag of Rice is Rs. 240 more than
that of a bag of Sugar. The Rice bag is sold at a loss of 25%, while the Sugar bag is sold at a profit of 45%. If the selling price of the Sugar bag is Rs. 492 greater than that of the Rice bag, can you determine the individual cost prices of both bags?Solution
ATQ, Let the cost price of Rice bag be Rs. 'a' Therefore, cost price of Sugar bag = Rs. (a – 240) Selling price of Rice bag = Rs. 0.75a Selling price of Sugar bag = 1.45(a – 240) = Rs. (1.45a – 348) According to the question, 1.45a – 348 – 0.75a = 492 Or, 0.7a = 840 Or, a = 1200 Required sum = (a + a – 240) = Rs.2160
When employees in the workplace often talk of 'us' and 'them', it reflects that the organisation has a _________ frame of reference.
Which account in the BOP includes transactions related to currently produced goods and services?
Which is the process of converting the organizational structure of the stock exchange from a non-corporate to a corporate structure?
Which of the following would have the lowest credit risk for a bank/lender?
In February 2024, in which of the following sectors, the FDI limit has been increased to 100%?
Imputed cost is _______
What is the key amendment in the provision regarding business credit cards issued by card-issuers to business entities/individuals for business expenses...
As per the Companies Act, 2013, the minimum gap between two Annual General Meetings (AGMs) should not be more than:
How much financing did the World Bank approve to help India accelerate low carbon energy development in its second round?
The maximum investment that can be made in Pradhan Mantri Vaya Vandana Yojana (PMVVY) is restricted to _________ per senior citizen.
Relevant for Exams:
