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ATQ, Selling price of the bag = 0.90 × 9000 = Rs. 8100 Let the markup percentage be x% and the discount percentage offered be 2x%. Therefore, Marked price = 9000 + x% of 9000 = Rs. (9000 + 90x) Discount = 2x% of (9000 + 90x) Therefore, selling price = 9000 + 90x – 180x = 8100 Or, x2+ 90x – 900 = 0 On solving, x = −90 and 10 Therefore, Discount percentage = 2x=20%.
Which type of accounting uses Generally Accepted Accounting Principles (GAAP) to ensure consistency and accuracy in reporting financial information?
________________ is authorised to issue and encash the electoral bonds, which are valid for fifteen days from the date of issuance.
Which of the following statements is TRUE about IMF?
If the forward value of the currency is cheaper, the currency is called -
In which Bank/Banks one can deposit money in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS) -
Which is NOT correct about Financial Inclusion Fund?
In case of a call option when the strike price is below the spot price, the option is -
The risk arising out of human errors, technical faults or lack of internal controls is called-
The National Payments Corporation of India (NPCI) is an initiative taken by the _________________ to operate the retail payments and settlement systems ...
Sale of Rs.50,000 to ‘A’ was entered as a sale to ‘B’. This is an example of –
