Question
The Prime Minister's National Relief Fund (PMNRF) was
established to provide relief in times of natural calamities and assist with medical expenses for those in need. It is entirely funded through public contributions and offers several tax exemptions for donors. Which of the following statements regarding the PMNRF is correct ? 1.     PMNRF receives budgetary support from the government and is managed as a public welfare initiative under the Ministry of Finance. 2.     The fund has been formally constituted by Parliament and is overseen by the Prime Minister and other elected officials. 3.     Contributions to the PMNRF are exempt from Income Tax under section 80(G), and the fund can accept donations from individuals, organizations, and trusts.Solution
The PMNRF does not receive government funding and is managed entirely through public donations. Contributions to the fund are exempt from income tax under section 80(G) , which encourages people to contribute to relief efforts.
Anil sold an item to Ravi at a profit of 15%. Ravi then sold it to Suresh making a profit of 25%. If Suresh purchased the item for Rs. 690, what was the...
By selling 18 pineapples at Rs.72 a seller suffers a loss of 40%. At what price should he sell 10 pineapples to get a profit of 50%?
A retailer sells two items, K and L. He gains a 12% profit on item K, which costs Rs. 3600. If the overall profit from selling both items is 15%, what i...
A rice bag's selling price is 'x%' greater than its cost price and 'x%' less than its marked price. The gain proportion from selling the item would incr...
Two cycles were sold at 1499 Rs each. First was sold at 25% profit and second at 25% loss. Find the overall profit or loss.
The ratio of the cost price to the marked price of an article is 2:5 and the ratio of the profit percentage to the discount percentage is 5:3. Find the...
The profit earned after selling an article for Rs.1516 is the same as loss incurred after selling the article for Rs.1012. What is the cost price of the...
The cost prices of a bookshelf and a wardrobe are in the ratio 2:5 respectively. If the seller earned a profit of 10% on the bookshelf and an overall pr...
The price per kg of sugar of grade 'P' and 'Q' is Rs. 90 and Rs. 150 respectively. These are combined to create a blend that is sold for Rs. 180 per kg ...
A grocer sells rice at a profit of 12% and uses a weight which is 20% less. Find his total percentage gain.
