Question
The average cost price of two products, Lakme and
Fruitjoy, is Rs. 400. These products are sold at profits of 10% and 20%, respectively. If the combined selling price of Lakme and Fruitjoy amounts to Rs. 918, what is the cost price of Fruitjoy?Solution
ATQ, Total CP of Lakme and Fruitjoy together = 400 × 2 = Rs. 800 Let CP of Lakme be Rs. a => CP of Fruitjoy is Rs. (800 – a) Now, ATQ 110% of + 120% of (800 – a) = Rs. 918 1.1a + 960 – 1.2a = Rs. 918 a = Rs. 420 CP of Fruitjoy = 800 – 420 = Rs.380
Which of the following Statements about IREDA is/are True?
I- It is registered as Non-Banking Financial Company (NFBC) with Reserve Bank of India...
Who among the following is not one of the eligible beneficiaries of PMUY?
Which of the following Statements about Multiplier Effect is/are True?
I- When the government spends a rupee, overall income rises by a multiple ...
What is the basic difference between Gross NPA and Net NPA?
I- Gross NPA is the total of Bank loans and Net NPA is the total of all kinds of loan...
When Government expenditure is more than income, through which of the following ways, it does the deficit financing?
(1) From Banks
(2) Fr...
Consider the following statements regarding Phase II of the Swachh Bharat Mission (Grameen) [SBM (G)]
1) The program will be implemented...
Which of the following statements about Prompt Corrective Action is/are True?
I-Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Prompt Corrective Action F...