Question
Anita sold a necklace after giving a discount of 15% and
earned a profit of Rs. 850. If she had sold it for Rs. 200 less, she would have earned a profit of 25%. Find the cost price of the necklace.Solution
ATQ, Selling price after 15% discount = 85x Cost price C=85x−850 From the condition: 1.25×C=85x−200 1.25×(85x−850)=85x−200 106.25x−1062.5=85x−200 21.25x=862.5 x= 40.59 So, the cost price C=85×40.59−850=Rs.2600
Law of Limitation is based on the maxim-
In what situation is the existence of any judgment, order, or decree relevant?
The term "relevancy" in the Act is primarily dealt with under which section?Â
What is meant by "free consent" in contract law?
Among the following what is provided under the Law of Evidence _______ .
Which doctrine ensures that decisions affecting rights must be made after giving the affected party an opportunity to be heard?
Under what conditions can an insurer invest in companies belonging to its promoters as laid down in the insurance Act?
Read the following statements thoroughly:
1. Giving a bribe is punishable under the PC Act.
2. A bribe-giver acting under coercion may rec...
As per IPC what is the punishment for concealing with intent to facilitate design to wage war?
Contract for sale as under s. 54 of the TP Act, 1882 provides for_______.