Question
An item is initially priced 36% higher than its cost
price. After applying a 25% discount, it sells for a profit of Rs. 30. If, instead, the item is marked up by 20% from its cost price and then sold with an Rs. 80 discount, what would be the new selling price?Solution
Let the cost price of the article = Rs. '100y' According to the question, 100y X 1.36 X 0.75 = 100y + 30 Or. 102y = 100y + 30 So, y = (30/2) = 15 So, cost price of the article = 15 X 100 = Rs. 1500 So, desired selling price = 1500 X 1.2 - 80 = Rs. 1,720
In the absence of any provision in the partnership agreement, profits and losses are shared by the partners
On a rectangular wall of length 30 metres and height 25 metres, there is a window in the shape of triangle surmounted on a square. If the base of triang...
Assertion (A): Unity of command cannot always be strictly applied in practice.
Reason (R): Workers should report to different supervisors for ...
What could be the main reason/reasons for the formation of African and Eurasian desert belt?
1. It is located in the sub-tropical high pressure c...
Who was the Chairman of the inaugural session of the constituent assembly?
Making provision for doubtful debts is as per …… conventionÂ
Which of the following statements is INCORRECT?
Regarding ‘Atal Pension Yojana’, which of the following statements is/are correct?
I.           It is a minimum guaranteed pensio...
Match List-1 (Football World Cup/Year) with List-II (Host Country) and select the correct answer using the code given below the lists:
List-I ...
Which of the following statements is/are correct regarding “Pension Fund Regulatory and Development Authority?
I.           It is t...