Question
A seller purchases an item for Rs. 240 and sells it
with a 20% discount, earning a profit of 20%. If the seller increases the discount to 25%, what would be the new profit percentage?Solution
Selling price of item = 1.2 × 240 = Rs. 288 So, marked price of item = 288/0.8 = Rs. 360 Therefore, selling price on 25% discount = 360 × 0.75 = Rs. 270 Therefore, required profit percentage = {(270 – 240)/240} × 100 = 12.5%
Which monetary policy tool involves central bank buying and selling government securities to regulate the money supply?
Indian Renewable Energy Development Agency (IREDA) was established in ?
Which of the following is the largest public sector bank in India by total assets?
Which of the following is a grant provided on concessional interest rates to developing countries, which has to be repaid by the borrowing government?
Titan Company Limited will buy an additional 27.1 percent stake in CaratLane, for a total consideration of ________.
The headquarter of Gulf Cooperation Council was established in?
Which type of financial market primarily deals with new issues of securities?
In Which of the following year, the RBI Act, 1934 was amended to provide a statutory basis for the implementation of the flexible inflation targeting fr...
Which of the following is a tool of monetary policy?
Consider the following statement/s about PM Surya Ghar Muft Bijli Yojana:
1. It is a government scheme that aims to provide free electricity to h...
Relevant for Exams:
