Question
On selling 80 articles for Rs. 6000 there is a loss
equal to the cost price of 20 articles. Find the selling price of 40 articles if the shopkeeper wants to earn a profit of 18%.Solution
ATQ Loss on selling 80 articles = Cost price of 80 articles – selling price of 80 articles. Or, Cost price of 20 articles = Cost price of 80 articles – selling price of 80 articles Or, Selling price of 80 articles = Cost price of 60 articles Cost price of each article = 6000/60 = Rs. 100 Cost price of 40 articles = 40 × 100 = Rs. 4000 Selling price of 40 articles = 1.18 × 4000 = Rs. 4720
ABC Ltd has its Earning before Interest and Tax as 45000. The tax rate applicable for the year is 25%. It has made a capital expenditure of Rs 22500 and...
In hypothesis testing, what does a p-value less than 0.05 typically indicate?
The theory which focusses on consequences of greater good and evil ___________.
What is the minimum total provisioning coverage ratio, including floating provisions, required for banks?
Which of the following would not be a good reason for a company to repurchase shares of its own stock?
In case a foreign exchange quote is expressed in terms of home Currency Price for the one unit of foreign currency, it is referred to as:
Which of the following is an unconventional monetary policy tool used by the Reserve Bank of India?
Where are the exchange differences treated in the financial statements?
How many international credit rating agencies’ ratings have been allowed by RBI to be used by banks for the purposes of risk weighting their claims fo...
In an organization, in what sequence will the following functions of a manager be performed?
1. Motivation Â
2. Controlling
