Question
A digital wall clock is labeled with a price that is 75%
higher than its cost price, resulting in the marked price being Rs. 1,800 more than the cost price. If the Watch is sold at a profit of Rs. 750, determine the discount provided.Solution
ATQ, let 75% of Cost price = 1800 Or, (3/4) × Cost price = 1800 Or, Cost price of the Watch = Rs. 2,400 So, marked price of the watch = 1.75 × 2400 = Rs. 4,200 Selling price of the article = 2400 + 750 = Rs. 3,150 So, discount offered = 4200 - 3150 = Rs.1,050
The subscribers of the erstwhile Swavalamban pension scheme who are in the age group of 18-40 years were given option to migrate to ___________
What is the limitation period for filing a suit for breach of trust under the Indian Trusts Act, 1882? Â
Who will chair the RBI’s 10-member ’Expert Committee on Benchmarking of its Statistics'?
Sharath wants to promote one of his employees to lead the new production team. He prefers to promote an employee with a low LPC score. Which attributes ...
Which of the following are part of Market Infrastructure institutions?
The adjustments required in cash flow from operations to find free cash flow to the firm are:
The inter-regulatory body to strengthen the mechanism for maintaining financial stability and promoting financial sector development is _________
How much loan did Fusion Micro Finance obtain from the United States International Development Finance Corporation (DFC)?
A bank will open credit under a letter of credit on the request of _________ .  Â
Compute the payoff to a long position in a forward contract given that the forward price is Rs 35 and the price at maturity is Rs 55.