a) Steve Smith
b) Chris Energy
c) Road Construction
d) Railway Line
The market price of an article was 40% more than its cost price. Rana was going to sell it at market price to a customer, but he showed Rana some defects in the article, due to which Rana gave him a discount of 28.57%. Next day he came again and showed Rana some more defects, hence he gave him another discount that was equal to 12.5% of the cost price. What was the approximate profit/loss to Rana ?
Duty free technology parks where foreign firms can manufacture electronic hardware components are proposed to be established at various places in the country. Courses of Action: I. Government should immediately implement the proposal to augment the foreign currency reserve by exporting the products. II. Government should not implement the proposal as it will hinder indigenous production of hardware components.