Question
In hit and run
cases-Solution
Motor Vehicle Act, S. 161. Special provisions as to compensation in case of hit and run motor accident. -- (1) Notwithstanding anything contained in any other law for the time being in force or any instrument having the force of law, the Central Government shall provide for paying in accordance with the provisions of this Act and the scheme made under sub-section (3), compensation in respect of the death of, or grievous hurt to, persons resulting from hit and run motor accidents. (4) A scheme made under sub-section (3) may provide that,-- (a) a payment of such sum as may be prescribed by the Central Government as interim relief to any claimant under such scheme; (b) a contravention of any provision thereof shall be punishable with imprisonment which may extend to two years, or with fine which shall not be less than twenty-five thousand rupees but may extend to five lakh rupees or with both; (c) the powers, functions or duties conferred or imposed on any officer or authority by such scheme may be delegated with the prior approval in writing of Central Government, by such officer or authority to any other officer or authority.
Amit purchased a smartphone at the price of Rs. 25,000 and sold it at a loss of 15%. With this money, he again purchased a new smartphone and sold that ...
- Ramesh made a profit of 30% on an article, while Suresh sold the same article for a 22% profit. If Ramesh’s profit was Rs. 54 more than Suresh’s profit...
The cost of 5 guns is equal to the cost of 12 magazines. If a seller marks the price of each gun 50% higher than its cost price and gives away one magaz...
A shopkeeper marks his goods 50% above the CP and gives 20% discount to customer. At the time of selling the goods he uses 900gm weight instead of 1 kg....
A shopkeeper allows a discount of 20% on the marked price of an article and still makes a profit of 12% on the cost price. Had he allowed a discount of ...
Selling price of article ‘A’ when sold at a profit of 30% is Rs. 160 more than its selling price when sold at a loss of 50%. If the cost price of ar...
Two items, ‘X’ and ‘Y’, were sold for Rs. 3200 each. The profit on item ‘X’ is equal to the loss on item ‘Y’. If the cost price of item ...
A trader increases the cost price of an article by 20% and then gives a discount of 10%. What is his overall profit or loss percentage?
Find the cost of manufacturing each article if a manufacturer estimates that on inspection 14% of the articles he produces will be rejected. He a...
A trader marks an article 40% above its cost price. He then allows a discount of 20% on the marked price and sells it for Rs 896. Find the cost price of...