Mark the incorrect statement with respect to Valuable security :-
Section 30. “Valuable security”—The words “valuable security” denote a document which is, or purports to be, a document whereby any legal right is created, extended, transferred, restricted, extinguished or released, or whereby any person acknowledges that he lies under legal liability, or has not a certain legal right.
The price of an article marked at 30% above cost price is sold at a profit of 25%. If it were to be sold at a discount of 25%, ind the percentage decrea...
A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 700 gm for the kg weight. Find his approximate gain per cent.
...The difference between the cost price and sale price of an article is Rs.600 and the profit is 30%. Find the selling price.
A bought an article at 30% less of the marked price and sold it at 12% more than the marked price. Find the profit earned by him.
A dishonest dealer professes to sell his goods at cost price, but he uses a weight of 600 gm for the kg weight. Find his gain per cent.
A shopkeeper marked up an article 60% above cost price and sells it at Rs. 960 after allowing discount of 25%. Find marked price of article, if profit o...
Three partners ‘A’, ‘B’ and ‘C’ started a business by investing in the ratio 2:5:6 respectively and the ratio of time for which they made th...
Jupiter borrowed a sum of Rs 31,500 from Mars at the rate of 14% per annum for 3 years. He added some more money in it and lent it to Saturn at the rat...
A shopkeeper marks the price of the article in such a way that after allowing 28% discount, he wants a gain of 12%. If the marked price is ₹224. then ...
The cost price of article A and B is Rs. ‘X’ and Rs. (X + 900), respectively. Article A is sold at 20% profit while article B is sold at 10%...