Question
If the average cost price of 10 identical watches
decreases by Rs. 10 after replacing one watch with a new watch that costs Rs. 150, what was the original cost price of the replaced watch?Solution
ATQ;
Let the cost price of each watch be Rs. 'x'.
So, cost price of 10 watches = Rs. 10x
ATQ:
(10x - x + 150) ÷ 10 = x - 10
Or, 9x + 150 = 10x - 100
Or, x = 250
So, the cost price of the watch that was removed is Rs. 250.
SANKALP Scheme is one of the important skill development programme sponsored by World Bank which is under implementation till_______.
What does the economic term 'Cross Demand' relate to?
Which of the following is not a money market instrument?
A want becomes a demand only when it is backed by the
Consumer sovereignty implies that consumers:
What is the minimum maturity period for which Commercial Paper (CP) can be issued?
What is Gender Parity Index (GPI)?
When to accomplish a particular necessity, the Demand of various goods is increased automatically into the market , it is known as ________________ .
Pradhan Mantri Ujjwala Yojana is related with
India International Exchange Limited (India INX) is a subsidiary of ________.
