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The central government marginally undershot the fiscal deficit target in FY23 at 6.36 per cent of gross domestic product (GDP) against 6.4 per cent in the revised estimates (RE). This is due to lower-than-estimated revenue expenditure even as the Centre’s capital expenditure (capex) exceeded the revised estimates. The revenue deficit for FY23 was also contained at 3.9 per cent of GDP against the RE of 4.1 per cent. Fiscal deficit for FY23 was at Rs 17.33 trillion, or 98.7 per cent of the RE of Rs 17.55 trillion, on the back of higher tax and non-tax revenue collections while non-debt capital receipts fell short of target. For FY23, net tax revenue came in marginally higher (0.5 per cent) at Rs 20.97 trillion than the RE of Rs 20.86 trillion. Besides, non-tax revenues for FY23 was at Rs 2.86 trillion, or nearly 9.3 per cent higher than the RE. Non-debt capital receipts, primarily disinvestment receipts, fell short of the FY23 target by 13.5 per cent.
Profit percentage received on a product when sold for Rs. 600 is equal to the percentage loss incurred when the same product is sold for Rs. 400. Find t...
A furniture dealer bought 10 sofas and 18 coffee tables for Rs. 11,340. He sold all the sofas at a profit of 22% and all the coffee tables at a profit o...
Mr. Christian bought 75 shirts for Rs. 75 each. He sold 60 of them at a loss of 10%. He wants to gain 20% on the whole. Then find his gain percent on th...
A shopkeeper sells a product in Rs.2,160 and earns 12.5% profit. Tell the amount that is equal to half of the purchase price of the product (in Rs.)
A merchant offers a 30% discount on the listed price of his goods and manages to secure a 40% profit on the cost. What is the ratio of the cost price to...
A shopkeeper bought 3 different types of goods: 100 items at ₹50 each, 200 items at ₹40 each, and 50 items at ₹60 each. If he sold all items at â‚...
An item is sold for Rs. 135 more when its profit margin is 20% compared to when it incurs a 40% loss. Determine the original cost price of this item.
Article ‘P’, if sold at a profit of 35% earns a profit of Rs. 700. If article ‘P’ is marked 30% above its cost price and then sold after offerin...
Three partners ‘A’, ‘B’ and ‘C’ started a business by investing in the ratio 2:5:6 respectively and the ratio of time for which they made th...
A shopkeeper sold an article at a gain of 20%. Had he bought it for 20% less than the original cost and sold it for ₹10 less, he would have gained 25%...