Study the information given below and answer the questions that follow: An article was bought for 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price:What was the marked price of the article?<br/> & ?->(Show Answer!)

1. Study the information given below and answer the questions that follow: An article was bought for 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price:What was the marked price of the article?

Write Comment

Comments

By: anil on 05 May 2019 01.23 am

C.P. = Rs. 5,600 Markup % = 12% M.P. = $$frac{112}{100} * 5600$$ = Rs. 6,272

Tags

Show Similar Question And Answers

QA->A shopkeeper wants to get 20% gain on an article after allowing a discount of 15%. If the article costs him Rs.153, what price should be mark on the article?....

QA->An article is sold at Rs.4,If it is sold at a loss of 5%. What was the cost price?....

QA->If the cash book does not contain discount columns, discount allowed and received will be passed through…………….....

QA->I'm too busy today, I'll be glad to answer your questions on - - - - - - - occasion. ....

QA->I'm too busy today, I'll be……. to answer your questions on another occasion ....

MCQ-> DI
rectI
ons: I
n the followI
ng passage there are blanks, each of whI
ch has been numbered. These numbers are prI
nted below the passage and agaI
nst each, fI
ve words/ phrases are suggested, one of whI
ch fI
ts the blank approprI
ately. FI
nd out the approprI
ate word/ phrase I
n each case.There I
s a consI
derable amount of research about the factors that make a company I
nnovate. So I
s I
t possI
ble to create an envI
ronment (I
) to I
nnovatI
on? ThI
s I
s a partI
cularly pertI
nent (I
I
) for I
ndI
a today. MassI
ve problems I
n health, educatI
on etc (I
I
I
) be solved usI
ng a conventI
onal Approach but (I
V) creatI
ve and I
nnovatI
ve solutI
ons that can ensure radI
cal change and (V). There are several factors I
n I
ndI
a's (VI
). Few countrI
es have the rI
ch dI
versI
ty that I
ndI
a or I
ts large, young populatI
on (VI
I
). WhI
le these (VI
I
I
) I
nnovatI
on polI
cy I
nterventI
ons certaI
n addI
tI
onal steps are also requI
red. These I
nclude (I
X) I
nvestment I
n research and development by (X) the government and the prI
vate sector, easy transfer of technology from the academI
c world etc. To fulfI
ll I
ts promI
se of beI
ng prosperous and to be at the forefront, I
ndI
a must be I
nnovatI
ve.I
....

MCQ-> Study the information given below and answer the questions that follow: An article was bought for 5600. Its price was marked up by 12%. Thereafter it was sold at a discount of 5% on the marked price:What was the marked price of the article?
....

MCQ-> Study the information given below and answer the question that follows: An article was bought for Rs. 5200. Its price was marked up by 15%. Thereafter it was sold at a discount of 9% on the marked price.What was the amount of discount given ?
....

MCQ-> Two traders, Chetan and Michael, were involved in the buying and selling Of MCS shares over five trading days. At the beginning of the first day, the MCS share was priced at Rs 100, while at the end of the fifth day it was priced at Rs 110. At the end of each day, the MCS share price either went up by Rs 10, or else, it came down by Rs 10. Both Chetan and Michael took buying and selling decisions at the end of each trading day. The beginning price of MCS share on a given day was the same as the ending price of the previous day. Chetan and Michael started with the same number of shares and amount of cash, and had enough of both. Below are some additional facts about how Chetan and Michael traded over the five trading days.• Each day if the price went up, Chetan sold 10 shares of MCS at the closing price. On the other hand, each day if the price went down, he bought 10 shares at the closing price.• If on any day, the closing price was above Rs 110, then Michael sold 10 shares of MCS, while if it was below Rs 90, he bought 10 shares, all at the closing price.If Chetan sold 10 shares of MCS on three consecutive days, while Michael sold 10 shares only once during the five days, what was the price of MCS at the end of day 3?
....

MCQ-> Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in ‘’bold’’ to help you locate them while answering some of the questions.As increasing dependence on information systems develops, the need for such system to be reliable and secure also becomes more essential. As growing numbers of ordinary citizens use computer networks for banking, shopping, etc., network security in potentially a ‘’massive’’ problem. Over the last few years, the need for computer and information security system has become increasingly evident, as web sites are being defaced with greater frequency, more and more denial-of-service attacks are being reported, credit card information is being stolen, there is increased sophistication of hacking tools that are openly available to the public on the Internet, and there is increasing damage being caused by viruses and worms to critical information system resources.At the organizational level, institutional mechanism have to be designed in order to review policies, practices, measures and procedures to review e-security regularly and assess whether these are appropriate to their environment. It would be helpful if organizations share information about threats and vulnerabilities, and implement procedures of rapid and effective cooperation to prevent, detect and respond to security incidents. As new threats and vulnerabilities are continuously discovered there is a strong need for co-operation among organizations and, if necessary, we could also consider cross-border information sharing. We need to understand threats and dangers that could be ‘’vulnerable’’ to and the steps that need to be taken to ‘’mitigate’’ these vulnerabilities. We need to understand access control systems and methodology, telecommunications and network security, and security management practise. We should be well versed in the area of application and systems development security, cryptography, operations security and physical security.The banking sector is ‘’poised’’ for more challenges in the near future. Customers of banks can now look forward to a large array of new offerings by banks, from an ‘’era’’ of mere competition, banks are now cooperating among themselves so that the synergistic benefits are shared among all the players. This would result in the information of shared payment networks (a few shared ATM networks have already been commissioned by banks), offering payment services beyond the existing time zones. The Reserve Bank is also facilitating new projects such as the Multi Application Smart Card Project which, when implemented, would facilitate transfer of funds using electronic means and in a safe and secure manner across the length and breadth of the country, with reduced dependence on paper currency. The opportunities of e-banking or e-power is general need to be harnessed so that banking is available to all customers in such a manner that they would feel most convenient, and if required, without having to visit a branch of a bank. All these will have to be accompanied with a high level of comfort, which again boils down to the issue of e-security.One of the biggest advantages accruing to banks in the future would be the benefits that arise from the introduction of Real Time Gross Settlement (RTGS). Funds management by treasuries of banks would be helped greatly by RTGS. With almost 70 banks having joined the RTGS system, more large value funds transfer are taking place through this system. The implementation of Core Banking solutions by the banks is closely related to RTGS too. Core Banking will make anywhere banking a reality for customers of each bank. while RTGS bridges the need for inter-bank funds movement. Thus, the days of depositing a cheque for collection and a long wait for its realization would soon be a thing of the past for those customers who would opt for electronic movement of funds, using the RTGS system, where the settlement would be on an almost ‘’instantaneous’’ basis. Core Banking is already in vogue in many private sector and foreign banks; while its implementation is at different stages amongst the public sector banks.IT would also facilitate better and more scientific decision-making within banks. Information system now provide decision-makers in banks with a great deal of information which, along with historical data and trend analysis, help in the building up of efficient Management Information Systems. This, in turn, would help in better Asset Liability Management (ALM) which, today’s world of hairline margins is a key requirement for the success of banks in their operational activities. Another benefit which e-banking could provide for relates to Customer Relationship Management (CRM). CRM helps in stratification of customers and evaluating customer needs on a holistic basis which could be paving the way for competitive edge for banks and complete customer care for customer of banks.The content of the passage ‘’mainly’’ emphasizes----
....