Question
Lalit buys wheat at Rs. 20/kg and puts a price tag on it
so as to earn a profit of 30%. However, his faulty balance shows 1000 gm when it is actually 600 gm. What is his actual approximate gain percentage?Solution
C.P of 1000 gm = Rs. 20 M.P of 1000 gm = Rs. 26 S.P of 600 gm = Rs. 26 ( because his balance shows 600 gm when it is actually 1000 gm ) C.P of 600 gm =20/1000 × 600 = Rs. 12 ( because C.P of 1000 gm is Rs. 20 )  Profit = 14/12 × 100 = 116.66%
What are the basic parameters required for stabilizing ALM of bank?
             I.       Net Interest Margin
   ...
ABC Ltd stated the reason of poor performance of the company was the unsystematic risks faced by it in the current financial year. Which of the followin...
The concept of morale refers to:
If the Current Assets are less than Current liabilities by 5000, what is the amount of Net Working Capital?
Which of the following is/are the basic component(s) of financial risk?
A 'Deferred Tax Asset' is created when:
Under the RBI’s guidelines for import of gold by Tariff Rate Quota (TRQ) holders, how many days of advance payment are allowed for Qualified Jewellers...
Private placement of securities, as provided under the Companies Act, which of the following statements is correct?
Which of the following is NOT a Core Industry of India?
Which of the following is a primary difference between investment banking and merchant banking ?
Relevant for Exams:
