Question
Which of the following persons cannot sue for
redemption?Solution
S.91. Persons who may sue for redemption.—Besides the mortgagor, any of the following persons may redeem, or institute a suit for redemption of, the mortgaged property, namely:— (a) any person (other than the mortgagee of the interest sought to be redeemed) who has any interest in, or charge upon, the property mortgaged or in or upon the right to redeem the same; (b) any surety for the payment of the mortgage-debt or any part thereof; or (c) any creditor of the mortgagor who has in a suit for the administration of his estate obtained a decree for sale of the mortgaged property.
Amit marked up an article of cost price Rs. 500 by certain percent and then sold it at discount of 20%. He suffered a loss of 12% in the whole transacti...
- After selling 30 kg of sugar, Mohan suffered a loss equal to selling price of 12 kg of sugar. If he purchased the total sugar for Rs. 924, then find the se...
- A shopkeeper bought a computer for Rs. 30,000 and a printer for Rs. 5,000. He sold the computer at a profit of 10% and the printer at a loss of 15%. Find t...
A shopkeeper sold a toy for Rs. 980 after offering a 30% discount on the labeled price. If he had not given the discount, he would have made a 25% profi...
The cost price of 24 articles is the same as the selling price of x articles. If the profit is 20%, then the value of x is
A vendor sets the price of an item 60% more than its cost and sells it after giving a 35% discount. What is the profit or loss percentage?
Two items, ‘X’ and ‘Y’, were each sold for Rs. 2500. Item ‘X’ was sold at a 20% loss, while Item ‘Y’ was sold at a 25% profit. If the av...
- A and B are two products such that a 25% profit on A is equal to a 16.67% loss on B. A is marked 100% above its cost price and the marked price of B is ___...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 20000 and after 3 months ‘Q’ joined h...
A fruit seller hiked the price of oranges by 25%. He managed to sell half of them at the marked price and gave a 20% discount on the rest. Calculate his...
