a) Controlling
(b) Measurement of actual performance
Once performance standards are set, the next step is measurement of actual performance. Performance should be measured in an objective and reliable manner. There are...
Correct option is (D) ₹ 680
Let cost price of radio be Rs x.
\(\therefore\) Selling price = x + 10% of x
= x + \(\frac{10x}{100}\) = x + \(\frac{x}{10}\) \(=\frac{11x}{10}.\)
Given that selling price = Rs 748
\(\therefore\) \(\frac{11x}{10}=748\)
\(\Rightarrow\) \(x=\frac{748}{11}\times10=680\)
\(\therefore\) Cost price...