Question
A mobile phone is purchased for Rs. 10,000 and Rs. 500
is spent on its repair. The mobile phone is then marked 10% above its effective cost price and then sold for Rs. 11,000 after offering some discount. Find the discount offered.Solution
Effective cost price of the mobile phone = 10000 + 500
= Rs. 10,500 Marked price of the mobile phone = 110% of 10500
= 1.1 × 10500 = Rs. 11,550 Discount offered = 11550 − 11000 = Rs. 550
Which of the following statements is incorrect about Intellectual Property?
During which stage is a functional model or sample of the innovation created?
What is the first step in starting a venture?
Match the startup types with their characteristics:
__ the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.
Which of the following is an example of a scalable startup?
Which among the following aspects affects an entrepreneur’s perception of feasibility?
Identify the correct statements regarding government policies for Small Scale Industries (SSIs):
1. The MSME Business Loans in 59 Minutes scheme ...
What is the primary focus of entrepreneurship?
Which of the following is the first step to building a startup from scratch?
Relevant for Exams:
