Question
A shopkeeper marked an article at ₹5,000. The
shopkeeper allows successive discounts of 20%,15% and 10%. The selling price of the article is:Solution
Marked Price (MP) = ₹5,000 1st Discount: SP after 20% discount = (5000 x (1 - {20/100} = 5000 x 0.8 = 4000 2nd Discount: SP after 15% discount = (4000 x (1 - {15/100}) = 4000 x 0.85 = 3400 3rd Discount: SP after 10% discount = (3400 x (1 - {10/100}) = 3400 x 0.9 = 3060 Final Selling Price = ₹3,060
As per the Negotiable Instruments Act the presumption under section 139 is relating to the issue of the cheque for the discharge of any debt is in favo...
Mistake referred to in Proviso (1) to Section 92 of Indian Evidence Act, refers to
Which section of CPC is related to pecuniary jurisdiction of the court?
In how many cases the right of private defence of the body extends to causing death?
According to H.L.A. Hart, what is the key difference between being obliged to do something and having an obligation to do it?
The term criminal conspiracy as per IPC means when two or more persons agree to do or cause to do_____________________
For the purpose of examination of a person, a court can issue commission to -
Which of the following has been repealed under the Indian Contract Act, 1872?
The issue of shares by a company on a discount is prohibited and thus, it shall be ____________
The definition of fact is given in which section of the Act?
Relevant for Exams:
