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Sales of Goods Act: Section 16 Implied condition as to quality or fitness- Caveat Emptor means “Let the buyer beware”- In a contract of sale of goods the seller is under no duty to reveal unflattering truths about the goods sold. Therefore, when a person buys some goods, he must examine them thoroughly.
If by selling an article for Rs. 252 a shopkeeper gains 16%, find its cost.
P purchased a book from registered store and gets 14% discount while Q purchased the same book from a roadside stall and got 18% discount. If Q paid Rs....
Amit makes 900 articles at a cost of 40 paise/article. He fixed the selling price such that if only 500 articles are sold, he would have made profit of ...
One article is sold at 10% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 180. If the cost price of ...
A seller sold some pens at a 24% discount, resulting in a loss of 5%. If he had sold the pens for Rs. 30 more, he would have made...
The cost price of three dozen momos is Rs. 162. The shopkeeper sold 30 momos at a price of Rs. 64.8 per dozen. Then, the shopkeeper lowered the price an...
A trader marks his goods 40% higher than the cost price and gives a 20% discount on the marked price. Calculate his profit percentage.
Rahul purchased a car for Rs 1,30,000 and spent Rs 6000 on transportation and 15% of its cost on repair. At what price should he sell it so as to earn a...
The difference between the cost price and sale price of an article is Rs.450 and the profit is 25%. Find the selling price.
A shopkeeper sells an article for 10% profit. If he buys it for 4% less and sells it for profit then he gets Rs. 10 more. What is the original cost price?