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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.
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The cost price and marked price of an article are in the ratio 5:8. If the discount offered equals the profit earned, what is the percentage profit?
The ratio of the C.P. and S.P. of an article is 16 : 17. What is the Gain percent?
The initial item has a markup and discount percentage both set at 15%, with a selling price of Rs. 1955. If a discount of 10% is applied to the same ite...
Labelled price of an article is 60% more than the CP of the article. When it is solid at x% discount then _______% percent profit is obtained and when ...
A retailer purchased several pants at a cost of Rs. 200 each and sold them for Rs. 300 per piece. He also incurred an average transportation expense of ...
The sale price of item 'A' is Rs. 9,125, and it generates a profit of 25%. If item 'B' has a cost price that is Rs. 200 higher than the cost price of i...
