Question
The cost price, selling price and marked price of a watch
are in the ratio 4:6:10. If the gain on the sale is Rs. 400, what is the discount provided?Solution
ATQ,
Let the cost price, selling price and marked price be Rs. 4x, Rs. 6x and Rs. 10x respectively
According to the question,
Profit earned = 6x – 4x = Rs. 2x
Therefore, 2x = 400
Or, x = 200
Therefore, discount offered = 10x – 6x = 4x = 4 × 200 = Rs. 800
SEBI has recently launched a portal to enable investors to post their complains and for its follow up. What is the name of his portal ?
For Financial Year 2022-23, it has been decided that the Pradhan Mantri Vaya Vandana Yojana shall provide an assured pension of 7.40% p.a. payable month...
In which Indian state is the Pongal festival widely celebrated?
From when is the RoDTEP scheme being restored for AA holders, EOUs, and SEZs?
Which of the following bank was the first bank which was fully managed by Indian?
Which institution has launched an App based end to end digital lending platform ‘Digital Prayaas’ scheme?
In July 2022, ECGC introduced a new scheme to provide enhanced export credit risk insurance  cover to support small exporters . Up to what extent is...
Dexie Ltd has a preferred stock that pays a dividend of 8 per share and the current price of stock is 100. What is the cost of preferred stock?
 ____________Bank has won the Confederation of Indian Industry's (CII) Digital Transformation Awards, for best practices in digital transformation in t...
Small Finance banks need to maintain what percentage of Capital adequacy ratio in order to meet one of the conditions to be eligible to get into Authori...
Relevant for Exams:
