Question
The profit earned after selling an article for Rs.1516
is the same as loss incurred after selling the article for Rs.1012. What is the cost price of the article?Solution
Let CP = Rs. x Profit = Rs. y Therefore, x + y = SP => x + y = 1516 ----- (i) When SP = Rs. 1012, the loss = Rs. y Therefore, x – y = 1012 ------- (ii) Solving both the equation, we get => 2x = 2528 => x = Rs. 1264
A property is mortgaged to 'A' for ₹50,000 and then to 'B' for ₹30,000. 'A' then advances a further ₹20,000 to the mortgagor. Under the Transfer o...
What are the maximum number of members to represent the interests of employees’ associations, subscribers, commerce and industry, intermediaries, and ...
In which scenario does the principle of Injuria Sine Damnum apply?
Consider the following statements regarding corporate investigations under Section 213 of the Companies Act, 2013:
Statement 1: An investigato...
The proviso to Section 304 states that if attendance for evidence is required at a place not more than ____ kilometres from the prison, the officer in c...
Under Section 13(1) of FEMA, 1999, what is the penalty for a contravention where the sum involved in the contravention is NOT quantifiable?
Consider the following statements regarding digital signatures under the IT Act, 2000:
1. A digital signature uses an asymmetric crypto system.
A is accused of a crime_________.
The fact that, soon after the commission of the crime, A absconded from his house, is relevant under Section
A tenant as defined under S. 7 (15) of the Maharashtra Rent Control Act, 1999 includes which of the following?
Who is considered the father of Analytical Jurisprudence, emphasizing law as a system of rules separated from morality?Â
Relevant for Exams:
