Which statement correctly describes "fiat money"?
Fiat money is currency issued by governments that is not backed by any physical commodity but rather relies on the trust and authority of the issuing government.
31 kg of rice ‘A is purchased for Rs. 7/kg while 28 kg of rice ‘B’ is purchased for Rs. 8/kg. If the mixture of the both types of rice is sold at ...
A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
A shopkeeper purchased an article for Rs. ‘a’ and marked it 150% above its cost price and sold it after giving two successive discounts of 250 and 2...
A bought a laptop for Rs.16000. He spent 22% of the amount that he had paid for buying it for its repair. He then sold the laptop to B and earned a prof...
A man buys cashew nuts at Rs.600 per kg and sells them at Rs.15 per 50 grams. What is his profit/loss percentage?
A jewel was sold passing through 3 hands and overall, its price is raised by 60%. The first seller earns 15% profit, and the second seller earns 20% pro...
The cost price of two articles is same. One article is sold at 20% profit and another at 10% loss. If the selling price of one article is Rs. 999 more t...
A businessman sold 2/5 of his stock at a gain of 25% and the remaining at a gain of 20%. The overall percentage of gain is
...A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have ...
By selling a bike for Rs. 45000, Abhishek incurs a loss of Rs. 5000. Find the loss %.