Question
The cost price of article A and B is Rs. βXβ and Rs.
(X + 400), respectively. Article A is sold at 20% profit while article B is sold at 10% loss. If selling price of article B is Rs. 90 more than that of article A and article B is sold after giving a discount of 25%, then find the marked price of article B.Solution
Selling price of article βAβ = x Γ 120% = Rs. 1.2x Selling price of article βBβ = (x + 400) Γ 90% = Rs. 0.90x + 360 According to the question, 0.90x + 360 β 1.20x = 90 360 β 90 = 0.30x 0.30x = 270 x = 900 Selling price of article βBβ = 0.90 Γ 900 + 360 = Rs. 1170 Marked price of the article βBβ = 1170/75 Γ 100 = Rs. 1560
A firmβs Net Operating Income is βΉ15 lakh, and its total debt service (interest + principal repayment) is βΉ10 lakh. What is its DSCR?
According to the revised review of regulatory framework for Housing finance company (HFCs), what is the reduced ceiling on the quantum of public deposit...
Which of the following is not one of the major infrastructure components of GIFT City?
In terms of banking capital reserve, Tier II's capital loss absorption capacity is____ that of Tier I capital.Β Β
What is a Credit Rating Agency (CRA)?
Which of the following methods involves computing the cost of capital by dividing the dividend by market price/net proceeds per share?
What is the term used to describe the issuance of securities, whether debt or equity, to a select group of investors such as banks, mutual funds, high n...
Which Indian bank has the lowest net NPAs as of FY24?
What is the portal on which an entity needs to register as an MSME? Β
Effective communication is extremely important for leaders so as to achieve the organisational goals. Which of these must be avoided for effective comm...