Question
The cost price of two watches 'X' and 'Y' is Rs. 18,000
and Rs. 25,000 respectively. The shopkeeper marked up the prices of watch 'X' and 'Y' by 50% and 70% respectively. Watch 'X' is sold after allowing a discount of 20% while watch 'Y' is sold at a profit of 25%. Which of the following statement(s) is/are false according to the given data? (I) Selling price of watch 'X' is Rs. 21,600. (II) Discount offered on buying watch 'Y' is 20%. (III) Profit earned on selling watch 'Y' is more than that on selling watch 'X'.Solution
ATQ, Marked price of watch 'X' = 150% of 18,000 = (1.5) x 18,000 = Rs. 27,000 Selling price of watch 'X' = 80% of 27,000 = (0.8) x 27,000 = Rs. 21,600 Profit earned on watch 'X' = Rs. 21,600 - Rs. 18,000 = Rs. 3,600 Marked price of watch 'Y' = 170% of 25,000 = (1.7) x 25,000 = Rs. 42,500 Selling price of watch 'Y' = 125% of 25,000 = (1.25) x 25,000 = Rs. 31,250 Discount offered on watch 'Y' = (11,250/42,500) x 100 = 26.47% Statement (I) is true. Statement (II) is false (the discount is 26.47%, not 20%). Statement (III) is true (Rs. 6,250 profit on watch 'Y' is more than Rs. 3,600 on watch 'X'). Hence, Both I and III is true
What does “market-led extension” focus on, compared to traditional production-led extension?
The genetic purity of the seed is tested by:
In field experimentation, local control is a device to maintain
Yellow vein mosaic disease of okra is a viral disease.Â
Which of the following insects spreads the disease?
Which one is insect trap crop?
Which model describes the structure of the cell membrane as a dynamic and flexible structure, allowing proteins to move laterally within the lipid bilay...
An extreme modification in the order Diptera, where hind wings are reduced to nubs used for balance and direction during flight is
Anguina tritici causes:
What is the relationship between marginal cost (MC) and fixed cost (FC):Â
The core component that allows an expert system in extension to function like a human expert is:
