Question
Profit percentage received on a product when sold for
Rs. 400 is equal to the percentage loss incurred when the same product is sold for Rs. 240. Find the selling price of the product if the shopkeeper wants to have a profit of 25%.Solution
Let, the cost price of the article be Rs. x According to the question, 400 – x = x – 240 Or, 2x = 640 Or, x = 320 Selling price of the product at profit of 25% = 320 × 1.25 = Rs. 400
Which of the following financial services are regulated by the IFSCA?
Trade Payables are â‚ą50,000, Working Capital is â‚ą18,00,000, and Current Liabilities are â‚ą6,00,000. Calculate the Current Ratio.
Which of the following best defines the role of the District Industries Centers (DICs) as established under the MSME Development Act, 2006 ?
...The credit rating should have been reviewed at least once in how many months, for it to be valid for risk weighting purposes under Basel Ill?
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...
As per the RBI regulations, the maximum term loan sanction permitted for Aadhaar OTP-based e-KYC accounts is _______
Until when does the term of the auditorship of the first auditor extend from the date of appointment?
Deendayal Antyodaya Yojana-National Rural Livelihood Mission is administered by which of the following Ministries?
The basic method of _______ control is an improvement over _______ control, because it tries to shorten or to eliminate the delay...
Which of the following statements about health insurance in India is/are correct?
1) The Ayushman Bharat Yojana is a health insurance scheme f...
Relevant for Exams:
