Get Started with ixamBee
Start learning 50% faster. Sign in now
Explanation: According to Section 16(1) of the Sale of Goods Act, in a contract of sale of goods, there is an implied warranty that the goods shall be reasonably fit for the particular purpose for which the goods are required, if the buyer has made known that purpose to the seller and the buyer is relying on the seller's skill or judgment. Therefore, option a) is the correct answer.
The cost price of 30 apples is Rs.120. If it is sold at 25% profit, then how many apples will be sold for Rs.75?
A vendor first increased the price of a book by 18% and then by 25%. If he sells it after allowing a discount of 20%, then he will earn a profit of Rs. ...
A reduction of 20% in the price of rice enables a customer to purchase 125 kg more for Rs.8,000. What is the original price of rice
A trader buys some goods for Rs 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% profit ?
Tarun bought a Toaster for Rs. 24000. After one year he sold it to Lalit at 10% less of his cost price. Lalit spends extra Rs. 400 for its repair. And ...
A shopkeeper loses 15% by selling article A for Rs 212.50 and gains 35% by selling article B for Rs 1012.50. What is his overall gain percentage in the ...
A shopkeeper sold two articles for Rs. 3588 each. One article is sold at a profit of 15% while another one is sold at a loss of 20%. What will be the su...
A merchant sets the price of an article 60% above its cost price and offers a discount of 25% while selling it. If his profit on ...
The selling price of 12 jackets is equal to the cost price of 15 jackets. Find the percentage of profit earned on selling a jacket.
Kailash went to purchase a chimney, the shopkeeper told him to pay 26% tax if he asked the bill. Kailash manages to get the discount of 12% on the actu...
