Question
If 70% of the cost price of an article is equal to 40%
of its selling price, what is the profit percentage?Solution
Let the cost price be Rs. 100 and selling price be y According to the question ⇒ 70 × 100/100 = 40y/100 ⇒ y = 175 ⇒ Profit = 175 – 100 ⇒ Profit = Rs. 75 ∴ net profit % is 75%
Section 112 of the Evidence Act deals with:
An agreement enforceable by law is a contract is discussed under which section of the Indian Contract Act?
A person is said to be of sound mind for the purpose of making a contract, if, at the time when he makes it, __________________
A company shall have its first annual general meeting, held within a period of ______________ from the date of closing of the first financial year of th...
In which case it was laid that it is not necessary that the consideration should move from the promisee himself?
A suit for possession of an immovable property, under section 6 of Specific Relief Act can be filed within__________ of dispossession
Ambiguous instruments are those instruments which may be construed
If an answer criminates him, a witness:
In Parag Engineering Works v. Union of India and Ors. the Court held________________
Whether photographed words are considered as documents as per the Indian Evidence Act, 1872?
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