A shopkeeper fixes the marked price of an item 35% above its cost price. The percentage of discount allowed to gain 8% is
Let the cost price = Rs 100
then, Marked price = Rs 135
Required gain = 8%,
So Selling price = Rs 108
Discount = 135 - 108 = 27
Discount% = (27/135)*100 = 20%
According to section 6 of the IRDA Act the Central Government may remove from office any member who_____________________
Consider the following statements:
The actus reus is made up of
1. Human action which is usually termed as conduct
2. The re...
A relevant confession becomes irrelevant when
On the death of a partner, when can the partnership business continue?
I. When there are more than 2 partners in the f...
Which of the following amounts to breach of trust?
What is the term of office for the President of India?
What is a contract as per Indian Contract Act, 1872
According to the General Insurance Business (Nationalisation) Act under what circumstances can the Central Government frame schemes for the more efficie...
A makes an attempt to steal some jewels by breaking open a box, and finds after so opening the box, that there is no jewel in it.
According to the Insurance Act an insurer shall be ineligible for registration unless he has ______________