Question
A fruit seller buys oranges at the rate of 12 for ₹60
and sells them at the rate of 8 for ₹48. Find his percentage profit.Solution
Cost price of 1 orange = 60/12 = ₹5. Selling price of 1 orange = 48/8 = ₹6. Profit % = ((6 - 5)/5) × 100 = 20%. Correct option: a
'A' agrees to provide a loan to "B" for import of banned products. The agreement between A & B is:
"Wrongful gain" is defined as __________ under IPC
Every prior party to a negotiable instrument is liable thereon to a holder in due course
Who is authorized to compound an offence punishable with fine only, and what is the maximum sum that can be collected for compounding under the LLP Act?
Match the following traffic violation with its corresponding penalty under the Motor Vehicles Act:
1. Overspeeding
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Which of the following a not a secondary evidence?
Any person desirous of commencing or carrying on a payment system may apply to the ………………for an authorisation under this Act
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Read Assertion (A) and Reason (R) and find correct answer from the following:
Assertion (A): Equality is antithetic to arbitrariness.
Reas...