Question
An article is marked 40% above its cost price and sold
after offering a discount of Rs. 60 such that its selling price is Rs. 100 more compared to its selling price when it is marked Rs. 70 above its cost price and sold after allowing a discount of 25%. Find the cost price of the article.Solution
ATQ, Let the cost price of the article = Rs. '100x' According to the question, (100x X 1.4 - 60) - 100 = (100x + 70) X 0.75 Or, 140x - 160 = 75x + 52.5 Or, 65x = 212.5 Or, 'x' = 3.27 Therefore, the cost price of the article = 3.27 X 100 = Rs.327
Recently Goods and Services Tax network has been included to the account aggregator (AA) network as a financial information provider (FIP) to facilitate...
What is the purpose of the recent partnership between SIDBI, C2treds, and UGRO Capital?
What is the maximum tenor for LongTerm Capital Gains (LTCG) on listed securities in India?
In Bonds, coupon refers to
International Birds Festival is to be held in Dudhwa National Park. It is in the state of:
________ happen when RBI desires that liquidity should be squeezed from the economy but Banks are not eager to deposit money with RBI at rate fixed by RBI.
What is the repo rate as of February 2025, according to the Reserve Bank of India (RBI)?
Who is the only Indian woman featured in Time Magazine's Women of the Year 2025 list?
Which of these countries unveiled an off-grid green hydrogen pilot plant in the year 2025?
PM Jan Dhan Yojana accounts are linked with which social security schemes?
Relevant for Exams:
