Question
Article ‘P’, if sold at a profit of 15% earns a
profit of Rs. 405. If article ‘P’ is marked 70% above its cost price and then sold after offering two successive discounts of 25% and Rs. x, respectively then what would be the value of ‘x’ such that there is neither profit nor loss in the transaction?Solution
Let the cost price of article ‘P’ = Rs. 100y Then, according to the question, 15y = 405 Or, y = (405/15) = 27 So, cost price of article = Rs. 2700 Marked price of the article = 2700 × 1.7 = 4590 Price after 1st discount of 25% = 4590 × 0.75 = 3442.5 So, further discount be given = 3442.5 – 2700 = Rs. 742.5 Or, x = 742.5
Original Jurisdiction of Supreme Court is given in Article ……… of Indian Constitution
If irrelevant evidence is so mixed up with relevant evidence as to make it impossible to separate one from the other then.
The good faith of a sale by a client to an attorney is in question in a suit brought by the client. The burden of proving the good faith of the transac...
Which of the following is not correct statement?
Donald was a passenger from Bikaner to Palitana in a Jai jinendra Plane. When the plane landed at the airport at Palitana on 28th September, 2020 it was...
No banking company shall pay any dividend on its shares until all its capitalised expenses including ____________________ have been completely written off
Quia Timet means________________
What does the term "Government Pleader" include as per CPC?
What does the principle of "burden of proof" under the Indian Evidence Act state?
When is a gang rape said to have been committed?
Relevant for Exams:
