Question
Sonia goes to a clothing store with a certain amount of
money. She can buy 90 shirts or 30 trousers with the money she has. However, she decides to save 25% of the amount for a party and buys 12 trousers and some shirts. Determine the percentage of shirts she can now purchase out of the initial number of shirts she could have bought.Solution
ATQ Let the amount of money with Sonia be Rs. '180a' So, the price of 1 shirt = (180/90) = Rs. '2a' Also, the price of 1 trouser = (180/30) = Rs. '6a' ATQ; Amount retained for the party = 0.25 X 180a = Rs. '45a' Price of 12 trousers = 12 X 6a = Rs. '72a' Remaining amount = 180a - 45a - 72a = Rs. '63a' So, number of shirts she can purchase now = (63a/2a) = 31.5 Therefore, required percent = (31.5/90) X 100 = 35%
Kind of value which shows concerns for others ____________.
Which of the following is a restriction regarding investments made by banks in securities/instruments issued by NBFCs?
Which among the following correctly calculates Conversion Cost?
Delegation is considered as an important principle in management. It is a part of the _______ Â management function
A company’s 1000 par preferred stock pays a Rs 50 annual dividend and has a required rate of return of 8%. Calculate the value of the preferred stock ...
 A portfolio to the right of the market portfolio on the Capital Market Line is:
Where will the Bill receivable discounted but not due till date of final accounts, be shown under?
A risk-averse investor is best described as an individual as __________
What is the name of the term deposit scheme launched by the State Bank of India (SBI) offering up to 7.75% interest?
India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.