Question
A retailer purchased several pants at a cost of Rs. 200
each and sold them for Rs. 300 per piece. He also incurred an average transportation expense of Rs. 40 on each pant. Calculate the percentage gain he achieved on this transaction.Solution
Effective cost price of each pant = 200 + 40 = Rs. 240 So, profit earned on each pant = 300 - 240 = Rs. 60 So, gain percentage = (60/240) x 100 = 25% Hence, option c.
In which district of Uttarakhand, India's first cryptogamic garden having a wide variety of ferns and fungi was established?
Which among the following is monophagous insect pest?
Which of the following is abbreviated as 2,4-D?
In case, my product does not confirm with product standards specified by FSSAI, but a combination of various standardized product, do I need to apply ...
Milk of cow is yellowish due to
In-house procedures for continuous monitoring of operations and systematic day-to-day checking of produced data for reliability in the Analysis Laborat...
According to latest Agricultural Statistics which state is the top producer of Cotton in India?
Normally tobacco is grown in which season?
When should the pruning of plum trees ideally be performed?
Hedging is the main feature of:
Relevant for Exams:
