Question
A trader marks his goods at 40% above the cost price and
offers a discount of 20%. If the trader still makes a profit of Rs. 96, find the cost price.Solution
Let the cost price be Rs. x. Marked price = x × (1 + 40/100) = 1.4x Selling price = Marked price × (1 - 20/100) = 1.4x × 0.8 = 1.12x Profit = Selling price - Cost price 96 = 1.12x - x 96 = 0.12x x = 96 / 0.12 = Rs. 800 Correct Option: d) Rs. 800
Match the capital market instruments with their respective features: Â
Which of the following is/are included in the capital budget of the Government of India?
1. Expenditure on acquisition of assets like roads, bui...
A microfinance loan borrower is identified as a household having annual household income not exceeding …………………….. Household shall mean a...
The manager has to establish linkages, relationships and networks, both inside and outside the organisation which would be useful in achieving organizat...
Which of the following statements correctly defines the term ‘Regulatory Sandbox’?
A bank prepares a CMA report to analyse and understand the financial health of a prospective borrower . What does the form VI of CMA report relate to ?�...
U nder the Vishwakarma scheme , c ollateral free credit can be provided up to ____________ , in the first tranche, to the artisans and craftspeople iden...
The cost incurred for an additional product is known as ________
 Identify the HRD Sub-System where in employee performance is increased with increase in knowledge and ability?
In a period of rising prices and stable inventory quantities, which of the following best describes the effect on gross profit of using LIFO as compared...
