The cost price of two dozen bananas is Rs. 96. After selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per dozen. The percent of loss is?
According to the question, Cost price of 2 dozen Banana = 96 Selling price of 1 dozen banana = 36 Selling price of 18 banana = 54 Now, shopkeeper reduced to the rate Rs. 24/dozen Now SP of 1 dozen bananas = 24 SP of 6 Bananas = 12 ∴ SP of total 24 Bananas is = 54 + 12 = 66 Loss = CP - SP = 96 - 66 = 30 Loss% = 30/96 × 100 = 31.25%
Which of the following best describes the position of an investor who is under an obligation to buy the underlying asset in a futures position?
The type of organizational structure that does not work in accordance with the principal of Unity of command?
What is the wrong statement about NBFCs?
Which out of the following is/are correct regarding Cash Reserve Ratio (CRR)?
Section 42 of RBI Act, 1934 lays foundation for maintaining CRR ...
Match the following:
Infrastructure Debt Funds (IDFs) can be set up as which of the following entities in India?
A protection against financial losses in the future is called:
In an inventory control model the ‘Buffer stock’ is the level of stock
Which of the following is not a type of liquidity risk?
If shares are issued by the companies to existing shareholders free of cost by capitalization of accumulated reserves from the profits earned in earlier...
