Question
The cost price of 12 articles is equal to the selling
price of 9 articles while the discount (D) on 10 articles is equal to the profit (P) on 5 articles. Find the difference between profit % and discount %.Solution
12×CP =9×SP CP/SP=3/4 Profit =1 Profit percentage = (1/3) ×100=33.33%
Percentage of (D)= (0.5/4.5) ×100 =11.11% P% -D% =33.33% -11.11% =22.22%.
Which of the following two Russian Bank are the first foreign lenders to have received approval from the RBI towards settling international trade transa...
Issuing bonds by a company would be considered in which activity in a cash flow statement?
According to the IRAC Norms, a loan where the borrower has defaulted on payment for over 12 months is classified as _________
Which of the following is not true about the market value of a bond?
In which of the following situation will a call option will be called “out the money”?
Which among the following are perpetual instruments with a contingent conversion feature in case of crisis?
In a Letter of Credit (LC) , the role of __________ is to guarantee the payment to the seller after verifying documents and fulfilling the terms of the ...
Saurabh is a project manager on an industrial design project. He set up a reward system, but he was surprised to find out that the team is actually less...
Warehouse expense is an example of:
The cont ributions towards NPS Vatsalya have tax benefit for up to ______ per financial year . Â