Question
When a seller sells his article for Rs. 32,060/- , he
incurs 30% loss on the transaction. At what price should he sell the article to earn 10% profit on the transaction?Solution
S.P of an article = Rs 32,060 & Loss = 30 % ∴ 70% of C.P = 32,060 ⇒ C.P = 32060`xx100/70` = Rs. 45,800 Now, Profit should be 10 %. ∴ S.P = 110 % of 45,800 = Rs. 50,380 S.P = C.P + profit = 45,800+ 4,580 = Rs 50,380
As of 2024, which company became the first in the gem and jewellery sector in India to be granted Authorised Economic Operator (AEO) status?
Match the following measures of money supply with their correct descriptions:
1. M1
2. M2
3. M3
A. M1 + Savings deposits wit...
An NBFC can take deposits from public for a maximum period of ________
Consider the following statements about the Employees' Provident Fund Organization (EPFO):
1) EPFO only manages the Employees' Provident Fund (EP...
How much notice does a Bank need to give before crystalizing inoperative FC denominated deposit with no fixed maturity period?
Which of the following represents a ‘security’ under the Securities Contracts (Regulation) Act 1956 to trade gold in form of a security on s...
A construction company receives advance from customer, against the contract of constructing a bridge. But the construction company does not take this to...
Which of the following is not a type of bank in India?
Â
How would you define the process of allocating a limited capital budget between different projects in a way that maximizes shareholder wealth?
Which of the following statements about Mortgage are not true?
1. Under a mortgage, the legal ownership of the asset can be transferred to the le...
Relevant for Exams:
