Question
A seller sells two items, one at a 25% profit and the
other at a 15% loss. If the selling prices of both items are the same and the overall transaction results in neither profit nor loss, find the ratio of the cost prices of the two items.Solution
Let the cost price of the two items be x and y. Selling price of 1st article = 125% of x Selling price of 2nd article = 85% of y According to question- 125% of x = 85% of y 125x = 85y x/y = 17: 25 = 17: 25
What are the basic parameters required for stabilizing ALM of bank?
             I.       Net Interest Margin
   ...
ABC Ltd stated the reason of poor performance of the company was the unsystematic risks faced by it in the current financial year. Which of the followin...
The concept of morale refers to:
If the Current Assets are less than Current liabilities by 5000, what is the amount of Net Working Capital?
Which of the following is/are the basic component(s) of financial risk?
A 'Deferred Tax Asset' is created when:
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
Private placement of securities, as provided under the Companies Act, which of the following statements is correct?
Which of the following is NOT a Core Industry of India?
Which of the following is a primary difference between investment banking and merchant banking ?