Practice Questions

Lecture16:
Question:
The rate price of an item is 225Rs and it is markdown 20%.Find original price and also find new
selling price by using original price.

Solution:
Let x be the original price. Then

x-0.20x=225

x (1-0.20)=225

0.8x=225

x=225/0.8

x=281.25Rs

Now we find new selling price by using original price

Rs markdown=original price * %mark down

=281.25*0.20

=56.25

New selling price =original price –Rs mark down

=281.25-56.25

=225Rs

Question:
What is rate of an item that regularly sells for 1025Rs is markdown to 518.25Rs

Solution:
Amount of markdown=506.75Rs

%markdown=Markdown/original sale *100

=49%
Question:
If a bus that originally sold for 45000$ is mark down to 30000$. What is the percent markdown?

Solution:
Original price=45000$

Selling Price= 30000$

Markdown Price=15000$

Percentage Markdown=33.33%

Question:
A variety of microwave that was bought Rs.3000, mark up 30% of the selling price. When the
kettle went out of production they were markdown 20%. What was the sale price after
markdown?

Solution:
Let selling price (S.P)=100

%markup on S.P=30%

Cost=100-30=70Original Selling Price =100/70 *3000=Rs 4285.71

Now,

Rs markdown=0.2*4285.71= Rs 857.14

Sale price after markdown=Rs 3428

Question:
Ali store reduce price of dues from Rs3500 to Rs 2600. What are Rs markdown and the percent
markdown?

Solution:
Rs. Markdown=Rs 900

% markdown=25.7%
Lecture 17:
Note: Learn all syntax of different excel formulae for financial analysis

Lecture 18:
Question:
Solve linear equations

x - 5y=15 …. (1)

2x+4y=12 …. (2)

Solution:
x= 15+5y

2(15+5y) +4y=12

30 + 14y=12

y= -9/7

And

x= 60/7

Question:
Find NPV if return from 1st 2nd and 3rd year is Rs1000, Rs1500 and Rs 2000 respectively with
initial cost from today is Rs 10000 and annual discount rate is 25%.

Solution: 82421.48

Question:
Solve 4x-9y=12; 2x+y=2

Solution:
x=15/11 & y=8/11

Question:
What task do the excel function perform
 AMORDERGC
 AMORLING