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  #231  
Old Tuesday, June 05, 2012
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Exclamation ???

Is Askari bank a Public or a Private limited Company?
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  #232  
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Quote:
Originally Posted by rafay2k1 View Post
4. If a man were to sell his horse for Rs.720, he would lose 25%. What must he sell it for to gain 25% ?
Solution:
selling price + lose = cost
720 + 25%c = c
cost = 960
he wants profit of 25%.
Selling price = 960 * 1.25 = 1,200



But 25% of 720 is 180 not 240.. so it becomes 900 not 960... please correct me if i am wrong
Take profit/loss as a percentage of cost, not selling price.
25% of 960 = 240
new SP should be 960+240 = 1,200
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  #233  
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Default Is Askari bank a Public or a Private limited Company?

public limited company...
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  #234  
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Quote:
Originally Posted by rafay2k1 View Post
Is Askari bank a Public or a Private limited Company?
Public Ltd
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  #235  
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  #236  
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If a man were to sell his horse for Rs.720, he would lose 25%. What must he sell it for to gain 25% ?
Solution:
selling price + lose = cost
720 + 25%c = c
cost = 960
he wants profit of 25%.
Selling price = 960 * 1.25 = 1,200

(Anyone Can explain how cost calculated?)
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  #237  
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askari bank is a private bank.....
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  #238  
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Quote:
Originally Posted by aliarain View Post
If a man were to sell his horse for Rs.720, he would lose 25%. What must he sell it for to gain 25% ?
Solution:
selling price + lose = cost
720 + 25%c = c
cost = 960
he wants profit of 25%.
Selling price = 960 * 1.25 = 1,200

(Anyone Can explain how cost calculated?)
First of all do not use caps while asking or typing.

Secondly, it is quite easy to calculate cost. go step by step it will help you in understanding

1. Consider that cost price is 100%. which needs to be calculated.
2. As it is given that if you get 720 you will loose 25%.
3. so 720 is the 75% portion of that particular cost.
4. To get the cost divide 720 by 0.75 (or 720/75*100)

you will get your answer.
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  #239  
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from Lahore I am Shortlisted..
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  #240  
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selling price= 720
loss=25%
want to gain = 25%

solution:

720*25%=180 now add this to 720 we get 900 its original cost

if he want to gain 25%
than
900*25%=225 add this to original cost=1125

so man has to sell his horse in 1125 than he would get 25% profit.
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