Question

11
For Diwali, the price of cashews increased by 15%. If a kg of cashews was sold at 7 575, what was its
price before Diwali?​

Answer 1

The government Friday announced hike in the import duty on cashew kernels to 70 per cent from the current 45 per cent, a move which exporters body CEPCI hailed saying it will help revive the crisis-hit industry. As per the budget 2019-20 document, the customs duty on both plain and broken cashew kernels will be raised.