Question
What percentage of global GDP is contributed by MSMEs,
as per the United Nations?Solution
MSMEs play a vital role in global economic stability and development. According to the United Nations, MSMEs contribute to 50% of the global GDP. They are recognized for being the backbone of economies worldwide, representing 90% of businesses and generating 60-70% of employment globally. This data underscores the importance of MSMEs not only as economic entities but also as drivers of inclusive and sustainable development, particularly in empowering vulnerable sections like women, youth, and the working poor.
The cost price of two dozen bananas is Rs. 96. After selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per d...
A seller marked his article 70% above the cost price and sold it after offering two successive discounts of 60% and 25% respectively. In the whole trans...
Ratio of Cost price to selling price of a book is 5:6 and ratio of selling price to marked price is 4:5. Marked price of the book is by what percent mo...
- A merchant marked a product 30% above its cost price. If he sold the product at a 20% discount, what is the merchant's gain percentage?
Burger King applies a fixed charge and an additional fee for each burger ordered. 'Arun' and 'Vicky' placed orders for 180 and 120 burgers, respectively...
Kabir bought a TV for Rs. 2800 and spent some money on installation. He marked it up by 25%, gave a Rs. 320 discount, and earned a 15% profit. Find the ...
A purse is sold for 12/25 of its marked price, yielding a profit of 20%. What is the ratio of the marked price to the cost price?
A seller marked his article 80% above the cost price and sold it after offering two successive discounts of 60% and 20% respectively. In the whole trans...
Amir sells his bike to Nitin at a profit of 30% who sells it to Rohan at a loss of 10%. Rohan, after finding some scratches in the bike, returns it to N...
Relevant for Exams:
