Start learning 50% faster. Sign in now
Let the profit earned before commission was given to P be Rs. ‘100x’ Commission of P = 100x × 0.20x = Rs. 20x Ratio of profit shares of P to Q = 10000:15000 = 2:3 Profit earned by P = (100x – 20x) × (2/5) = Rs. 32x Profit earned by Q = (100x – 20x) × (3/5) = Rs. 48x According to the question 20x + 32x – 48x = 720 Or, 4x = 720 So, x = 180 So, required profit = 180 × 100 = Rs. 18,000
Jay Ltd sells units for Rs 4/bottle. The variable cost for the unit per bottle is Rs 2 and has a fixed operating cost of Rs 4000 and a fixed financi...
As per the Economic Survey 2023-24, what was the primary focus of India's economic response to the pandemic?
How much collateral free loan can be provided under PM SavNidhi Scheme?
The Sustainable Development Solutions Network (SDSN), released its annual Sustainable Development Report 2021, which ranked all the UN member states bas...
Which of the following pension funds is not registered under NPS?
The Reserve Bank of India, recently has proposed to hike UPI (Unified Payment Interface) transaction limit for investing in IPO to…..
The crop season for each crop, which means the period up to harvesting of the crops raised, would be as determined by
Recently RBI has imposed a monetary penalty on which financial institution for not complying with directions issued on ATM deployment targets?
Which of the following is not one of the objectives of Sustainable Development?
What is the minimum required Net Owned Fund (NOF) for Asset Reconstruction Companies (ARCs) by March 31, 2026?