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Section 7 of the Indian Trusts Act, 1882, specifies that a person competent to contract under the Indian Contract Act, 1872, can create a trust. A minor, being incompetent to contract, cannot create a trust, but a company can do so if permitted by its memorandum of association.
If a man purchases kismis at Rs.320 per kg and sells it at Rs 6 per 25 grams. then his profit/loss percentage is:
A perfume bottle is sold for a profit of ₹175 after a 25% discount is applied. If the cost price and marked price of the bottle are in the ratio of 1:...
A bag of cost price of Rs. 6000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is a...
How many kilograms of rice cost Rs. 60 per kg? must be mixed with 24 kg. of rice costing Rs. 42 per kg. so that there may be a gain of 12% by selling th...
A shopkeeper marks up his goods 35% above the CP and gives 23% discount to the customer .at the time of buying he uses 1120g instead of a 1kg and at the...
A shopkeeper sells an item for ₹1,500 at a profit of 20%. If he wants to earn a profit of 25%, what should be the selling price of the item?
The cost price of two dozen bananas is Rs. 96. After selling 18 bananas at the rate of Rs. 36 per dozen, the shopkeeper reduced the rate to Rs. 24 per d...
Marked price, selling price and cost price of an article are in the ratio 13:10:8. If difference between marked price and cost price of an article is R...
A shop sells two brands of tea: Brand A and Brand B. The cost price of 1 kg of Brand A is ₹400, and Brand B is ₹300. The shopkeeper sells 10 kg of B...
Profit percentage received on a product when sold for Rs.550 is equal to the percentage loss incurred when the same product is sold for Rs.380. Find the...
