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A trader sold 20% of his stock at 10% profit and 50% of the remainder of his stock at 10% loss. What should be the rate of...
Solution
Let the market price of the stock = Rs.100Let the quantity of stock trader had = 10020% of the stock is sold at 10% profit.Profit = 20 × 10 = Rs.20050% of the remainder stock at 10% loss.Loss = (50% of 80) × 10 40 × 10 =...
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Read the passage carefully and answer the following questions A moral act must be our own act; must spring from our own will. If we act mechanically, there is no moral content in our act. Such action would be moral, if we think it proper to act like a machine and do so. For, in doing so, we use our discrimination. We should bear in mind the distinction between acting…
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