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Explanation: Section 2 Definitions: (i) “factor” means a non-banking financial company as defined in clause (f) of section 45-I of the Reserve Bank of India Act, 1934 which has been granted a certificate of registration under sub-section (1) of section 3 or anybody corporate established under an Act of Parliament or any State Legislature or any Bank or any company registered under the Companies Act, 1956 engaged in the factoring business.
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A purchased an article for Rs 3500. She sold the article at 12% profit. She then added Rs 500 to the amount received and purchased a purse such t...
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A shopkeeper marked his goods 32% above the cost price and earned a profit of Rs. 14 after selling it by giving a discount of 20%. Find the cost price o...
If a business spent Rs.400 on producing a product and sold it for Rs.600, what is the profit margin as a percentage?
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