Question
Item ‘X’ had a cost price of Rs. 800 and it was
marked up by 25%. It was later sold after giving a discount of Rs. 40. Another item ‘Y’ was sold for Rs. 900 at a loss of 10%. What is the ratio of the cost price of item ‘Y’ to the selling price of item ‘X’?Solution
ATQ,
Marked price of item ‘X’ = 800 × 1.25 = Rs. 1,000 Selling price of item ‘X’ = 1,000 – 40 = Rs. 960 Cost price of item ‘Y’ = 900 / 0.90 = Rs. 1,000 So, required ratio = 1000:960 = 25:24
According to the Arbitration and Conciliation Act, 1996, when do arbitral proceedings in respect of a particular dispute commence unless otherwise agree...
Qualification of Attorney-General of India is equivalent to
Section 16 and 17 of the PMLA empowers the Directorate of Enforcement to:
Pending investigation or inquiry, the Board may attach the bank accounts of any person associated in violation of any provisions of the Act for a maxim...
What is the meaning of Sakshya in “Bhartiya Sakshya Adhiniyam”?
Adjudication of inter-state river disputes is carried out by?
Which of the following rules of interpretation is applied when the words of a statute are clear and unambiguous, and there is no need to infer the inten...
As per Section 38 of the Specific Relief Act, 1963, when may the perpetual injunction be granted?
According to the Bharatiya Nagarik Suraksha Sanhita, which of the following male persons shall not be required to attend at any place other than their p...
Which of the following is the correct legal effect if Parliament enacts a law under Article 249 (national interest) that encroaches upon State List subj...
Relevant for Exams:
