Question
Amit is offering two consecutive discounts on a
smartphone marked priced at Rs. 18,000. The final selling price is Rs. 12,420 after applying the first discount of 8%. Determine the percentage of the second discount provided by Amit.Solution
The first discount percentage offered = 8% Let, the second discount percentage offered be 'd'% Total discount percentage offered = [(18000 - 12420) /18000] × 100 = 31% If two successive discounts of 'c'% and 'd%' are offered, then total effective discount percentage offered = c + d - (cd/100) Total discount offered = 8 + d - {(8 × d/100) } = 8 + d - [(8 × d) /100] = 31 Or, 8 + 0.92d = 31 Or, 0.92d = 23 Or, d = 25
Which of the following is NOT a financial measure of divisional performance?
What is specifically required for conducting V-CIP (Video-Based Customer Identification Process) under RBI’s KYC framework?
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
With respect to hire purchase and installment sale transactions, which of the following statement is incorrect?
After providing for ___________, Declaration of Dividends for the current year is made.
An expansionary (inflationary) gap occurs when:
An interface that allows user to store data in a two-tier architecture is known as _______.
AS 20 is related to:
Which of the following statements are true about input tax credit?
Statement 1: Input tax credit of SGST can be utilised for payment of SGST firs...
A shipping company is required by law to bring all ships into dry dock every five years for inspection and overhaul. What is the correct treatment for t...
