Question
The profit earned by selling an article for Rs. 7,000 is
2/5th the loss incurred on selling the same article for Rs. 4,500. Find the selling price of the article if the article is sold at a profit of 55%.Solution
ATQ, Let the cost price of the article be Rs. 'C'. Profit earned = Rs. (7,000 - C) Loss incurred = Rs. (C - 4,500) ATQ; 7,000 - C = (2/5) X (C - 4,500) Or, 5 X (7,000 - C) = 2 X (C - 4,500) Or, 35,000 - 5C = 2C - 9,000 Or, 7C = 44,000 So, 'C' = 6,285.71 Required selling price = (155/100) X 6,285.71 = Rs. 9,743.43
The provision governing counter claim is covered under which of the following orders of CPC?
A re-examination of a case for lack of jurisdiction made by a higher court is?
What significant event in 1972 influenced the creation of the Environment (Protection) Act, 1986?
_____________ shall conduct the entire corporate insolvency resolution process and manage the operations of the corporate debtor during the corporate i...
Any application made under section 19(1) of the Recovery of Debts and Bankruptcy Act for seeking permission from the Debts Recovery Tribunal shall be de...
According to the provisions of CPC the Court which passed a decree may, on the application of the decree holder, send it for execution to another Court ...
According to the provisions of IPC what is the liability of A, a police officer, who abets the commission of robbery?
Which of the following is the mandate of Section 27 of the Act______.
Five cement manufacturers in India agreed through regular meetings to maintain uniform prices and allocate market territories. Each manufacturer was as...
What is the punishment for repeat offenders under the Bharatiya Nyaya Sanhita, 2023, for offences committed against women and children?Â
Relevant for Exams:
