Question
The initial item has a markup and discount percentage
both set at 15%, with a selling price of Rs. 1955. If a discount of 10% is applied to the same item, and it is sold for Rs. 25 more, what will be the new markup percentage?Solution
ATQ, Let the cost price of the article be Rs.'a' According to the question, 1.15 Ă 0.85 Ă a = 1955 Or, a = 1955/0.9775 = Rs. 2000 Let the mark up percentage be b% According to the question, 2000 + b% of 2000 â 10% of (2000 + b% of 2000) = 1955 + 25 Or, 2000 + 20b â 200 â 2b = 1980 Or, 18b = 180 Or, b = 10%
 Announced on 15th August 2014, _________ is National Mission for Financial Inclusion to ensure access to financial services, namely, Banking/ Savings...
How many additional consumers are set to receive LPG connections through the extension of the Pradhan Mantri Ujjwala Yojana (PMUY)?
Consider the following regarding âPradhan Mantri Bharatiya Janaushadhi Pariyojana (PMBJP)â;
- Pradhan Mantri Bhartiya Janaushadhi Pariyoj...
Which of the following institutions is in last mile financer under Aajeevika Microfinance Yojana (Livelihood Microfinance Scheme)?
Which organization announced the successful conclusion of the 'Phenome India-CSIR Health Cohort Knowledgebase' project's first phase?
Which of the following article is related to the Prohibition of discrimination on grounds of religion, race, caste, sex or place of birth?
Which of the following points are âcorrectâ with respect to the amendment on Bank Bonds, Infrastructure Investment Trusts (InvITs)/Real Estate Inves...
What is the primary objective of the Unified Portal for Agricultural Statistics (UPAg Portal)?
The Cabinet Committee on Economic Affairs, in August, has approved three significant railway projects with an estimated cost of?
Under Pradhan Mantri Ujjwala Yojna (PMUY), the beneficiaries get how much subsidy in their bank account and how many subsidized cylinders per year?
Relevant for Exams:
