Question
A furniture set was purchased for Rs. 850 and fixed with an
additional Rs. 450. It was then tagged 40% above the cost but later sold at a 15% loss. What is the value of the discount?Solution
ATQ,
Effective cost price of the furniture = 850 + 450 = Rs. 1300
Marked price of the furniture = 1.4 × 1300 = Rs. 1820
Selling price of the furniture = 0.85 × 1300 = Rs. 1105
Therefore, discount offered = 1820 – 1105 = Rs. 715
If in case a sample container received by the Food Analyst is found to be in broken condition or unfit for analysis, he shall inform the Designated Off...
The instrument appointing a proxy shall ________________
Under the Insolvency and Bankruptcy Code, 2016, who is responsible for initiating the Corporate Insolvency Resolution Process (CIRP) for a defaulting co...
Under Limitation Act, suit for possession on the basis of prior possession may be filed within
The thief in order to steal something, creeps after sunset into a ship at a port- hole between decks and then leaves before sunrise.He has committed
Which regulatory body in India is responsible for regulating and supervising the capital markets, including stock exchanges, brokers, and other market i...
Under section 17 of The Probation of Offenders Act, 1958, rules can be framed by:
Under Indian Penal Code. 1860, when the imprisonment awarded for solitary confinement shall exceed three months, the solitary confinement shall not exce...
Form of numerals to be used for the official purposes of the Union is?
The Companies Act, 2013 was enacted on ____________
Relevant for Exams:
