Get Started with ixamBee
Start learning 50% faster. Sign in now
As per section 16(ii), Government employees can claim a deduction for entertainment allowance by considering the lowest from the following: 20% of an individual’s basic salary Rs.5,000 Entertainment allowance amount received in the financial year This deduction is not available for individuals working in private firms or any statutory or local authorities.
A shopkeeper sold a school bag at a profit of 60%. Had he sold the school bag at 20% profit he would have earned Rs.164 less. Find the cost price of the...
Cost of a gadget is Rs. (10n + 150). It is marked up by 60% and sold after deducting Rs. (5n + 100) as discount. If a profit of Rs. 1,200 is made, find ...
The cost price of a refrigerator and a washing machine is Rs. 50,000 and Rs. 90,000, respectively. The shopkeeper sold the washing machine and the refri...
A trader bought two laptops at a certain amount. He sold the first laptop at a 50% profit and the second laptop at a 10% loss. If the selling price of e...
A shopkeeper sells a product for ₹9000 and gains 20%. If he had bought the product at 10% lower cost price, he would have gained 25%. What will be th...
Devesh sells his car to Pranav at a profit of 20% who sells it to Hemraj at a loss of 20%. Hemraj, after finding some scratches in the car, returns it t...
