Question
P purchased two items, a Table fan and a Ceiling fan, at
the same cost price. She applied markups of 35% and 52% on the Table fan and Ceiling fan, respectively. Later, she decided to offer a discount of 25% on the Ceiling fan and 20% on the Table fan. Determine the selling price of the Table fan if the difference between the selling prices of both items is Rs. 180.Solution
ATQ, Let the cost price of article ‘Table fan’ and article ‘Ceiling fan’ be Rs. ‘100a’, each Marked price of article ‘Table fan’ = 100a + 100a × 0.35 = Rs. ‘135a’ Marked price of article ‘Ceiling fan’ = 100a + 100a × 52 = Rs. ‘152a’ Selling price of article ‘Table fan’ = 135a – 135a × 0.2 = 135a – 27a = Rs. ‘108a’ Selling price of article ‘Ceiling fan’ = 152a – 152a × 0.5 = 152a – 38a = Rs. ‘114a’ According to question: 114a – 108a = 180 Or, 6a = 180 Or, a = 30 Selling price of article ‘Table fan’ = 108 × 30 = Rs. 3,240
When was the Banking Regulation Act passed?
Who is responsible for auctioning the treasury bills?Â
Obligations under Prevention of Money Laundering Act 2002 is defined under which section?
‘Project Tatkal’ is a recent initiative of the State Bank of India to speed up the process of _____________.
Which committee is formed for the Banking Supervision?
What does ‘A’ stand for in CAMELs rating system?
How many Banks were nationalized in the Second Phase of Nationalization of Banks?
Which economy is called as Closed Economy?Â
State Bank Of India unveiled India's first integrated digital platform named ?
In RTGS, S stands for