Question
Which of the following is not allowed in small
accounts?Solution
Small accounts are not permitted to accept foreign remittances until full customer identification procedures are conducted as per KYC norms. Â
Nikhil purchased a house for Rs. 20,00,000/- and gave it on rent immediately at the rate of Rs. 15,000/- per month. After five months, he sold the house...
A man bought an article at 30% less of the marked price and sold it at 12% more than the marked price. Find the profit earned by him.
...A shopkeeper purchased 35 kg of sugar at Rs. 22 per kg. He sold some of it at a profit of 8% and the rest at a profit of 16%. If the total profit he mad...
An automobile agency launched a scheme that if a customer purchased two Jabas Discover bikes, one extra Jabas Discover will be free and if he purchases ...
A farmer sold two cows, each for ₹45,000. He made a 12.5% profit on the sale of one cow but incurred a 16(2/3)% loss on the sale of the other. Calcula...
Ram sold a plot for Rs.4,00,000 at a 20% loss. For what price should he sell the plot to gain a 5% profit?
Ratio of the cost price of article ‘A’ to ‘B’ is 4:5, respectively. Article ‘A’ is marked up by 26% above its cost price and then sold at a ...
A chair is sold at 25% profit after allowing a discount of 20% on the marked price. If the marked price of the chair is Rs. 2,500, find its cost price.
A shopkeeper sold a school bag at a profit of 55%. Had he sold the school bag at 35% profit he would have earned Rs.188 less. Find the cost price of the...
A person buys a piece of machinery for ₹60,000. After 1 year, he sells it at a 15% profit and reinvests the entire amount in a new machine. The second...