Question
A person sold two goods for Rs. 80 each. One item was sold
at a loss of 10% and the other at a gain of 20%. Find the approximate difference between the cost prices of both items.Solution
ATQ,
Let CP of gain article = x, and loss article = y
x = 80 / 1.2 = 66.67
y = 80 / 0.9 = 88.89
Required difference = 88.89 – 66.67 = Rs. 22.22 or Rs.22
Ignorantia Juris Non Excusat means_____________________
A cuts down a tree on Z's ground, with the intention of dishonestly taking the tree out of Z's possession without Z's consent. Here, as soon as A has se...
What is the maximum penalty for selling sub-standard food under FSS Act?
Doctrine of part performance as per Section 53 A of transfer of Property Act does not affect the______?
Under Section 77 of the Code of Civil Procedure, 1908, in lieu of issuing Commission the court may issue _______ to examine a witness residing at any p...
Which of the following statements regarding Section 19 (Arrest) are correct?Â
1. ED officer must have “reason to believe” that the person is...
Extension of the mediation period beyond 120 days requires:
If there is any offending part in a statute, then, only the offending part is declared void and not the entire statute. This is the core theme of
Under the Transfer of Property Act, 1882, Section 5 provides that a "Transfer of Property" is:
Which of the following best describes the scope of administrative law?
