Question
A product is marked at ₹1,200. If a discount of 20% is
offered, and then a tax of 10% is applied on the discounted price, what is the final price paid by the customer?Solution
Discount = 20% of 1200 = 0.20 * 1200 = ₹240. Selling price after discount = 1200 - 240 = ₹960. Tax = 10% of 960 = 0.10 * 960 = ₹96. Final price = 960 + 96 = ₹1,056. Correct answer: A) ₹1,056
A company bought a new machinery worth Rs.4 lakh by issuing 10% Debentures of value Rs.160 were issued at a premium of 25%. How much amount is credited ...
Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is ...
As per the Companies Act 2013, a public company having paid–up share capital of at least _________ shall appoint at least one woman director.
Which among the following acts lays down the law relating to payment of a customer's cheque by a banker and the protection available to a banker?
Which of the following persons is NOT a member of the Selection Committee for the appointment of the Chairperson and Members of the Tribunal/Appellate T...
Under Section 123 of the Companies Act, 2013, if a company has inadequate profits in the current financial year and intends to declare a dividend out of...
Pursuant to Section 149(1) of the Companies Act, 2013, and Rule 3 of the Companies (Appointment and Qualification of Directors) Rules, 2014, besides eve...
As per the recent Union Budget 2026-27, share buybacks will now be taxed as capital gains for all shareholders with an aim to curb tax arbitrage. Which ...
If a board of directors originally consists of 9 members and 2 vacancies are created due to their removal, what would be the quorum required for a board...
As per Section 47 of the Companies Act, 2013, every member of a company limited by shares and holding equity share capital therein, shall have a right t...
