Question
The combined average cost price of two items, Almonds
and Walnuts, is Rs. 450. If Almonds are sold at a profit of 50% and Walnuts at a loss of 25%, resulting in an overall profit of 10%, determine the cost price of Almonds.Solution
ATQ, The sum of cost price of items 'Almonds' and 'Walnuts' = 450 Γ 2 = Rs. 900 Let the cost price of item 'Almonds' = Rs.'a' Then, cost price of item 'Walnuts' = Rs.(900 - a) Selling price of item 'Almonds' = a Γ 1.5 = Rs.'1.5a' Selling price of item 'Walnuts' = (900 - a) Γ 0.75 = Rs.(675 - 0.75a) Overall profit earned = {1.5a + (675 - 0.75a)} - 900 = 900 Γ 0.1 Or, 675 + 0.75a - 900 = 90 Or, 0.75a = 990 - 675 So, a = 315 Γ· 0.75 = 420
Under the Registration Act the State Government may also appoint officers to be called _____________, and may prescribe the duties of such officers
Which of the following new law replaces the IPC and the Evidence Act?
As per the General Insurance Business (Nationalization) Act what are the various functions of a Corporation?
Any member shall be entitled to be furnished, within _____________ after he has made a request in that behalf to the company, and on payment of such fee...
What can be the maximum representation of Central Government on any stock exchange?
Which of the following is true about right to foreclose?
An adjudicating officer shall be appointed by
Which of the following is not a function of SEBI as provided under SEBI Act 1992?
All securities held by a depository
If the stock exchange fails to submit the scheme of corporatisation Β and demutualisation or the scheme submitted is rejected by SEBI, then the central ...