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Abhijit Bhagwat

B.E, MBA (IIFT, New Delhi), Pursuing Ph. D. from IIT Bombay

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Overview

I completed my MBA from Indian Institute of Foreign Trade, New Delhi (majors in Marketing and Systems), Mechanical Engineering from I.E.T, Indore and presently doing my Ph. D. from IIT Bombay.

Besides, I am in to Reiki for more than 17 years, and have successfully conducted workshops, on emotional and physical well being through Reiki.

My experience in horse riding is of more than 30 years and I am a passionate equestrian.

Address

Aundh, Pune, null - 411045

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Teaches

MBA Entrance Coaching classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

Reiki classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

Spiritual Workshop classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

MBA Entrance Coaching classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

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Answers by Abhijit Bhagwat (1)

Answered on 21/12/2016 Learn Exam Coaching/MBA Entrance Coaching/CAT Coaching

A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16, articles... ...more
A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16, articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed?

Assuming Selling price is P and Cost price is C. The price charged for selling 16 item is equal to that of 12 items (as 16 articles are allowed for a dozen) = 12*P There is cash discount of 20% thus net amount received by the buyer = 12*P*0.8 From cost point of view, 16 items are sold = Total Cost... ...more
Assuming Selling price is P and Cost price is C. The price charged for selling 16 item is equal to that of 12 items (as 16 articles are allowed for a dozen) = 12*P There is cash discount of 20% thus net amount received by the buyer = 12*P*0.8 From cost point of view, 16 items are sold = Total Cost = 16*C Even after giving discount and free items, the seller is making 20% profit on total cost. Hence: 12*P*0.8 = 1.2*16*C On solving you get P = 2*C Thus cost (C) is double, or 100% above the selling price (P)
Answers 3 Comments
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Teaches

MBA Entrance Coaching classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

Reiki classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

Spiritual Workshop classes

Class Location

Online (video chat via skype, google hangout etc)

Student's Home

Tutor's Home

No Reviews yet!

Answers by Abhijit Bhagwat (1)

Answered on 21/12/2016 Learn Exam Coaching/MBA Entrance Coaching/CAT Coaching

A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16, articles... ...more
A dealer offers a cash discount of 20% and still makes a profit of 20%, when he further allows 16, articles to a dozen to a particularly sticky bargainer. How much percent above the cost price were his wares listed?

Assuming Selling price is P and Cost price is C. The price charged for selling 16 item is equal to that of 12 items (as 16 articles are allowed for a dozen) = 12*P There is cash discount of 20% thus net amount received by the buyer = 12*P*0.8 From cost point of view, 16 items are sold = Total Cost... ...more
Assuming Selling price is P and Cost price is C. The price charged for selling 16 item is equal to that of 12 items (as 16 articles are allowed for a dozen) = 12*P There is cash discount of 20% thus net amount received by the buyer = 12*P*0.8 From cost point of view, 16 items are sold = Total Cost = 16*C Even after giving discount and free items, the seller is making 20% profit on total cost. Hence: 12*P*0.8 = 1.2*16*C On solving you get P = 2*C Thus cost (C) is double, or 100% above the selling price (P)
Answers 3 Comments
Dislike Bookmark

Abhijit Bhagwat conducts classes in CAT Coaching, MBA Entrance Coaching and Reiki. Abhijit is located in Aundh, Pune. Abhijit takes at students Home, Regular Classes- at his Home and Online Classes- via online medium.

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