Question
Under section 194D of the Income Tax Act, 1961, what is
the rate of Tax Deducted at Source (TDS) on insurance commission, if the payee is a domestic company?Solution
The correct answer is C
C and D invest in a business in a ratio of 4:5. If 10% of the total profit goes to charity and D's share is Rs.900 after the donation, what is the total...
The selling price of a product when sold at 20% profit is Rs. 60 more than its selling price when sold at a loss of 10%. What is the cost price of the p...
- Two items are sold at Rs. 250 each. One is sold at 10% profit and the other at 20% loss. What is the approximate cost price difference between them?
A man bought a horse and a carriage for Rs. 80,000. He sold the horse at a gain of 10% and the carriage at a loss of 5%. He gained 1% on his whole trans...
When a person sold an article, his profit% is 70% of the selling price. If the cost price is increased by 80% and the selling price remains the same, th...
- A discount of Rs. 1800 is offered on a washing machine, which is Rs. 700 less than the profit made on selling it. If the cost price is Rs. 2000, find the m...
An article was marked 25% above the cost price and sold after a discount of Rs. 200. If the selling price of the article is Rs. 1300, then find the cost...
The cost price of fridge A is equal to the selling price of fridge B. The cost price of fridge B is Rs.500 and the selling price of fridge A is Rs.540. ...
A microwave is sold for Rs. 656 after allowing two successive rebates of x% and 20%, respectively. The MRP is Rs. 1000. Find x.
The shopkeeper sold the earrings at the profit of 15% and the cost price of earrings is Rs.1800. He earns x% profit on bracelet costing Rs.1500. If the ...
