Ajay bought a Sopha for Rs. 81000. After one year he sold it to Vikas at 20% less of his cost price. Vikas spends extra Rs. 750 for its repair. And offered Sopha to Mohit for Rs.X. Mohit requested to get a discount of 13% on that price. But Vikas gave him two successive discounts of 5% and 8% instead of 13%.By this Vikas got Rs. 460 more from Mohit. What is the profit % of Vikas?
Let the SP of sopha be Rs. x which is given to Mohit. x * (95/100 * 92/100 – 87/100) = 460 x * 0.004 = 460 x = 115000 Now Mohit purchased for 115000* 95/100 * 92/100 = 100510 Vikas purchased sopha = 81000 * 80/100 + 750 = 64800 + 750 = 65550 Profit% = (100510 – 65550) x 100/65550 = 53.33%
In the case of Harvey v. Facey it was held that_______________
Appeal shall lie :
Which of the following is an immovable property within the meaning of Section 2(6) of the Registration Act, 1908?
The Article of a company may be altered by _____________
According to Section 6 of the Limitation Act, during period of legal disability, the period of limitation shall:
According to the Contract Act A person who untruly represents himself to be the authorized agent of another, and thus, includes a third person to deal w...
What is the meaning of ‘mens rea’?
The expression “Equality before law” has been adopted from?
When are the shadow meetings conducted?
In which section of Indian Contract Act 1872 provision related to the legal maxim ‘Ex nudo pacto actio non oritur’ is added?