Question
Statement: The government has raised import duty on a
slew of electronic products, including mobile phone, television sets, digital cameras and microwave ovens. Assumption: 1) . Government took this step to curb overseas supplies. 2).Government took this step to encourage local manufacturing In each question below is givenĀ a statement followed by two assumptions numbered 1 and 2.Ā An assumption is something supposed or taken for granted.Ā You have to consider the statement and the followingĀ assumptions and decide which of the assumptions is implicitĀ in the statementSolution
Solution: Assumption of the government raising import duty was to curb overseas supplies and local manufacturing so both I and II are implicit.
An article was marked 80% above the cost price and sold after a discount of Rs. 780. If the selling price of the article is Rs. 1380 then find the cost ...
A company produces two types of products, A and B. The production cost per unit for product A is ā¹600 and for product B is ā¹800. The company produce...
A person invests ā¹20,000 in a scheme that offers 20% profit in the first year and 25% profit in the second year(On total amount including interest). W...
- If the total cost of 4 chairs and 7 tables is Rs. 410 and the total cost of 3 chairs and 5 tables is Rs. 300, then find the cost of 6 chairs.
'P' sold an item to 'Q' at 12.5% profit, 'Q' sold it to 'R' atĀ 33(1/3)% loss. If 'R' paid Rs. 1,800, then find the price at which 'P' bought the item.
Jagat Singh sold an article for ā¹6,000 and incurred a loss. Had be sold it for ā¹7,400, his profit would have been 2/3 of the amount of loss that he...
Selling price of article āAā when sold at a profit of 55% is Rs. 200 more than its selling price when sold at a loss of 45%. If the cost price of ar...
- A vendor made a profit of 22% on an article, while another vendor sold the same article for a 19% profit. If the first vendorās profit was Rs. 45 more th...
- An article is marked 60% above its cost price and sold after allowing a discount of 20%. If the selling price of the article is Rs. 4,800, then find the pr...
A person bought an article and sold it at a loss of 15%. If he had bought it for 20% less and sold it for Rs114 more he would have had profit of 30%. F...
