Question
The price of an article marked at 25% above cost price
is sold at a profit of 20%. If it were to be sold at a discount of 20%, ind the percentage decrease in the selling price.Solution
Let the cost price of the article be x. Marked price = x + 0.25x = 1.25x Now, 0.20 = (SP – x)/x SP = 1.20x SP = 1.25x × 0.80 = 1x Change in SP = (1.20x – 1x) × 100 ÷ 1.20x = 16.66%
Court need not frame charges in which case?
With reference to the Code of Civil Procedure, 1908 -read the following statements and select the correct option from below:
1. Service substi...
Under section 65 of Indian Penal Code, 1860, the term for which the court directs the offender to be imprisoned in default of payment of a fine shall:
Article 338 provides that there shall be a National Commission for?
Suit against a trustee of a temple for account of trust property and proceeds thereof-
As per s. 149 all the questions that are asked the court shall compell the witness to answer if it is____.
Which of the following as per Competition Act, 2002 is exempted as anti-competitive agreement?
A. copyright
B. patent
C. trad...
Any application made under section 19(1) of the Recovery of Debts and Bankruptcy Act for seeking permission from the Debts Recovery Tribunal shall be de...
A company shall not, at any time, vary the terms of a contract referred to in the prospectus or objects for which the prospectus was issued, except subj...
Chapter VII of The Indian Evidence Act, 1872 deals with________.
Relevant for Exams:
