Question
A shopkeeper bought 100 identical tubelights
priced at Rs. 265 each. He spent a total of Rs. 2600 on transportation and packaging. He put the label of marked price of Rs. 400 on each tubelight. He offered a discount of 24% on each tubelight at the marked price. What is the total profit of the shopkeeper in the whole transcation?Solution
Total actual cost = (100 x 265 + 212600 00) = (26500 + 2600) = Rs. 29100 Discount on MRP = 24% SP of each tubelight = 400 x 76/100 = Rs. 304 SP of 100 tubelights = 100 x 304 = Rs. 30400 Profit = 30400 – 29100 = Rs. 1300
Which of the following best represents a core principle of natural justice in administrative law?
Which Section of the Indian Penal Code. 1860 deals with right to private defence of body and property?
On whom burden of proof lies?
Under which section of the LLP Act relationship of partners is discussed?
Which of the following can be included as a property of the partnership firm?
What does the principle of Res Gestaeunder Section 6 of the Indian Evidence Actstate?
Which of the following statement is true?
Plaint shall state precisely the amount claimed in all money suits except amount for________.
Who can initiate Corporate Insolvency Resolution Process as per IBC?
The rescission of a voidable contract may be communicated or revoked in the same manner, and subject to the same rules, as apply to the ________________
