Question
A Shopkeeper gives 4 articles free on the purchase of
every 12 articles. He also allow a discount of 20% to customer and still earn 20% profit. Find the ratio of the cost price to the marked price of the article?Solution
Offer of the Shopkeeper: Buy 12 get 4 free = 16 articles Let the marked price of 1 article be Rs. 10 Marked Price of 16 articles = 10× 16 = 160 Selling Price of 12 articles = 10 × 12 = 120 Actual Selling Price of 12 articles (less discount) = 120 – 24 = 96 Profit % = 20 % ∴ Cost Price = 96 × 100/120 = 80 Cost Price : Marked Price = 80 : 160 = 1:2
The mandate of an arbitrator can be terminated if-
How many sections are embodied under the Act?
According to Sale of Goods Act, 1930 “goods”
Section 10 of CPC is related to:
What is the imprisonment under CPC for default in decree for the payment of money above Rs 5000?
Under the Bharatiya Sakshya Adhiniyam, 2023, which of the following is considered primary evidence?
It shall be open to SEBI to inspect at all reasonable times books of accounts and other documents to be maintained by the Stock Exchanges for periods
The Certifying Authority empowered to issue a Digital Signature Certificate shall have to procure a license from the ____________ to issue Digital Signa...
A person who occupies the position of surety as well as agent is called as:
A wishes to prove dying declaration by B. The burden of proof that B is dead is on
Relevant for Exams:
