Question
 Which of the following is the sections under Banking
Regulation Act Under which restrictions on loans and advances is made?Solution
Section 20 of Banking Regulation Act, 1949 (B.R. Act, 1949) prohibits banks from granting any loan or advance to any of its Directors.
By selling a bike for Rs. 45000, Abhishek incurs a loss of Rs. 5000. Find the loss %.
The marked price of the washing machine is 30% above its cost price. The seller offers two successive discounts of 20% and 10%, respectively. If he incu...
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...
A shopkeeper marked an item Rs. 6,000 above its cost price. After giving a discount of 40%, the shopkeeper still made a profit of Rs. 2,400. Find the pr...
A shopkeeper marked an article Rs. 850 above its cost price and sold it after giving a discount of 30% and earned a profit of 20%. Find the cost price o...
- A mobile and a charger cost Rs. 3,000 and Rs. 1,200 respectively. The store marked the mobile up by 30% and the charger by 20%. If the combined selling pri...
- A dairy owner buys 20 liters of milk at Rs. 50 per liter. While selling, he uses a faulty measure that shows 1020 milliliters instead of 1000 milliliters b...
An item was sold at a 22% loss. If the selling price had been increased by Rs. 1,850, there would have been a 15% profit instead. Determine the original...
- A trader purchases a product for Rs. 250 and earns a profit of 45%. Calculate the selling price of the product.
Snap deal wishes to gain 35% after allowing 10% discount on the market price to his customers. At what percent higher than the cost price must they mar...