Question
An article is initially marked at 40% above its cost
price. It is then sold after applying two successive discounts - one of 12% and another of Rs. 56. If the final selling price of the article is Rs. 560, determine its cost price.Solution
Let the cost price of the article = Rs. '100x'Marked price of the article = 100x X 1.4 = Rs. '140x'Price after first discount = 140x X 0.88 = Rs. '123.2x'Final selling price = 123.2x - 56 = Rs. 560So, 123.2x = 560 + 56 = 616So, x = 616 ÷ 123.2 = 5And so, cost price of the article = 5 x 100 = Rs. 500
The standard policy of ECGC covers the risk of which of the following?
On which festival did the Jallianwala Bagh Massacre take place?
Simplify:
72 – 4(40 + 24 ÷ 8 × 6 – 4 × 4) + 20
How big are red blood cells in diameter?
When did the Maharashtra government launch the 'Jail Tourism' initiative?
Which of the following statements about recommendations of the 15th Finance Commission is/are correct?
1. Basic (untied) grants can be used by ru...
In the context of Green Revolution, what does ‘H’ stand for in HYV?
The Congress Working Committee adopted the Quit India Resolution at _____ in July 1942.
In DBT, benefits or subsidies are directly transferred to the citizens, Direct Benefit Transfer facility is given in which of the following schemes?
...Which committee formed in 2019 is associated with reviewing the RBI’s economic capital framework?
Relevant for Exams:
