Question
The cost price of 6 chocolates and 4 biscuits amounts to
Rs. 6,960. Additionally, the cost price of 5 chocolates and 7 biscuits totals Rs. 8,880. Each chocolate and biscuit is marked up by 60% and 15%, respectively, and then sold with discounts of d% and Rs. 246, respectively. Despite these variations, the selling price of a chocolate and a biscuit remains the same. What is the value of 'd'?Solution
ATQ, Let the cost price of a chocolate = Rs. βxβ Let the cost price of a Biscuits = Rs. βaβ ATQ; 6x + 4a = Rs. 6960β¦β¦β¦β¦β¦β¦β¦.(1) And, 5x + 7a = Rs. 8880β¦β¦β¦β¦β¦β¦..(2) Equation (2) Γ 6 β Equation (1) Γ 5, we get (5x + 7a) Γ 6 β (6x + 4a) Γ 5 = 8880 Γ 6 β 6960 Γ 5 30x + 42a β 30x β 20a = 53280 β 34800 Or, 22a = 18480 Or, a = 18480/22 = 840 Substituting this value βaβ in 6x + 4a = 6960 6x + 4 Γ (840) = 6960 Or, x = {(6960 β 3360)/6} = 3600/6 = 600 So, cost price of a Chocolate and a Biscuits are Rs. 600 and Rs. 840, respectively. Marked price of a Chocolates = 600 Γ (160/100) = Rs. 960 Marked price of a Biscuits = 840 Γ (115/100) = Rs. 966 Selling price of a Biscuits = Rs. 966 β 246 = Rs. 720 Therefore discount percentage on a Biscuits = d% = {(960 β 720)/960} Γ 100 Or, d% = (240/960) Γ 100 = 25% Or, d = 25
Who may call an Extraordinary General Meeting as per the Companies Act?
What is the wallet limit under UPI Lite, as revised by RBI recently?
The Data Link Layer of the OSI model is responsible for:
Which of the following statement is true relating to the display of name of foreign company as per the provisions contained in the Companies Act?
As per the provisions of the Companies Act when is an unregistered company deemed to be unable to pay its debts?
Which of the following is the golden rule of entry for personal accounts in the accounting process?
According to the Companies Act in a case where the membership of a Producer Company consists of individuals and Producer Institutions, the voting rights...
Which of the following is incorrect with respect to the information that are required to be incorporated in the Memorandum of Association of a Company?
Β In India, Treasury bills (T-bills) are used to raise short term money for the _____Β
As per the Companies Act a βcompanyβ means_______________