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
PFRDA Chairperson Deepak Mohanty launched a web application developed by which company to provide easy access to NPS for subscribers?
What is the term used to describe the agencies that assist investors in making investments in shares, debentures, mutual funds, and other financial inst...
As per the RBI report, what is India's share in the global real-time payments volume?Â
The FSIB is responsible for recommending to the government the person for appointment to the Board of financial institutions. What is the full form of F...
According to the RBI’s guidelines on the Sovereign Gold Bond (SGB) Scheme, what discount is provided to investors who apply online and make payments t...
Which of the following will help an exporter manage risk?
In the financial statements, contingent liability is ________
What does ‘I’ in ‘REIT’ stand for ?
1.   Given the following, what is the amount of Capital?
Assets: Premises 20,000; Inventory 8,500; Cash 100.
Liabilities: Trade Payab...
What is the minimum corpus required for each scheme of a Special Situation Fund (SSF)?
Relevant for Exams:
