Question
Section 9 of the Negotiable Instrument Act, 1881
defines:Solution
Section 9 of NI Act - āHolder in due courseāāāHolder in due courseā means any person who for consideration became the possessor of a promissory note, bill of exchange or cheque if payable to bearer, or the payee or indorsee thereof, if payable to order, before the amount mentioned in it became payable, and without having sufficient cause to believe that any defect existed in the title of the person from whom he derived his title
A shopkeeper marked an article P% above its cost price and sold it for Rs. 640 after giving a discount of 22%. If the shopkeeper had a loss of 6.4% on t...
A man sells two articles at 29.180 each. He gains 8% on one article and loses 15% on the other. His overall profit or loss is:
- A gadget is marked at Rs. 1000. It is sold at a 30% profit. The difference between the marked price and selling price is 35% of the difference between mark...
The marked price of the washing machine is 60% above its cost price. The seller offers two successive discounts of 10% and 10%, respectively. If he make...
If there is a loss of 25% on selling the article at 15/28 of the original selling price then what will be the percentage profit after selling the articl...
John went to purchase a Bike, the shopkeeper told him to pay 30% GST, if he asked the bill. John manages to get the discount of 10% on the actual sellin...
A seller priced a bag of rice 50% higher than its cost price and later sold it after applying a 20% discount. If the profit made by the seller was Rs. 4...
Akash bought an item for Rs. 250 and marked it ____ above the cost price and gave a discount of ____ and made a profit/loss of Rs...
A purchased an article and sold it to B at 25% profit. B marked it up by 20% above the price at which A has purchased it and then sold it after giving a...
A man purchased 100 rolls of paper for Rs. 50 per roll. He spent Rs. 800 on their transportation. He also paid 10 paise per roll for packing of each rol...
