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Explanation: This provision states that the Act does not apply to certain types of establishments. Here's a simplified explanation: ·      The Act does not apply to co-operative societies that are registered under the Co-operative Societies Act, 1912 , or any other law related to co-operative societies in any state. This exemption applies to co-operative societies that have fewer than fifty employees and operate without using power. ·      The Act also does not apply to establishments that belong to or are controlled by the Central Government or a State Government . If the employees of these establishments are already entitled to benefits like contributory provident fund or old age pension under a scheme or rule established by the Central or State Government, they are exempt from this Act.
A shopkeeper sold an article at marked price and got a profit of 70%. If he had given a discount of 30%, then find his new profit percent.
The average cost price of two items is Rs. 750. The first item is sold at a 15% profit, and the second item is sold at a 20% loss. Given that the combin...
Ravi purchased an article and marked it 75% above the cost price and sold it after giving a discount of 25% for Rs. 1575. What will be the selling price...
A pen seller sets the selling price of all pens 40% higher than their cost price. He manages to sell 70% of the pens at this marked price, while offerin...
A shopkeeper bought two articles for Rs. 250 each. If he sold one of them at 40% profit and the other at 20% loss, then find the difference between the ...
A shopkeeper made a profit of 30% by selling an article for Rs. 260. If he had sold it after allowing a discount of 15% on its selling price, then find ...
A shirt is marked 30% above the cost price and sold after a discount of Rs.103 at Rs.235. Find the cost price of the shirt.
A shopkeeper marked an article 60% above its cost price and made a profit of Rs. 192 when he sold the article after giving a discount of 30%. Find the p...
Determine the original price of an item purchased by A from a shopkeeper. A received a discount of 20%, while B bought the same item with a 37.5% discou...