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As per.the doctrine of vicarious liability in tort law, Master will be held liable for the tort or wrongful act committed by his servant during the course of employment. The servant will also be held liable. A master is liable not only for the acts that the servant has committed but also for the acts done by him that are not explicitly authorised.
A shopkeeper selling an item for Rs.(a + 500), and suffered a loss of 20%. suppose he sells it for Rs.(2a – 500), he will make a profit of 20%. Find t...
A merchant sold an article at 20% profit and bought another article with the proceeds. He then sold the second article at a 25% profit. If the original...
A bought an article at 12.5% less of the marked price and sold it at 5% more than the marked price. Find the profit earned by him.
A shopkeeper marked an article P% above its cost price and sold it for Rs. 810 after giving a discount of 20%. If the shopkeeper had a loss of 7.4% on t...
A shopkeeper marks his goods at 40% above the cost price and gives a discount of 20%. Find his profit percentage.
The ratio of cost price to the marked price of an article is 5:8. The article had been marked above its cost price by Rs. 432. If the article was sold a...
An item is sold with a 20% loss. If the cost price is reduced by Rs. 8 and the selling price is raised by Rs. 20, a profit of 20%...
18 kg of sugar costing Rs. 40 per kg is mixed with 12 kg of sugar costing Rs. z per kg. If the cost of the mixture is Rs. 45 per ...
A shopkeeper sold an article after giving a discount of 25% and made a profit of Rs.75. Find the difference between the marked price and selling price o...
The ratio of cost price and selling price of a shirt is 7:8 respectively. The shirt was marked up by 20% above its cost price, and sold after giving Rs....