Question
When Anil increases the selling price of a product from
Rs. 250 to Rs. 275, his profit increases by 10%. What is the cost price of the product?Solution
Let the Cp of Product=100 Sp =250 After Increase =Sp =275 Profit =275-250=25 ATQ- 10 =25 100=250. CP of Product =250 Rs.
More Profit and loss Questions
Deferred Tax Liabilities’ is shown under which of the following heads in a Balance sheet as per the format given in Companies Act, 2013?
What is the corporate tax rate for domestic companies in India?
As per the revision in GST rates under the GST reforms introduced by the government in 2025, the new GST tax slabs are ____
The stock market indices NIFTY and SENSEX are calculated on the basis of which of the following?
Relevant for Exams:
