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Section 16 of Depository Act - Depositories to indemnify loss in certain cases. Without prejudice to the provisions of any other law for the time being in force, any loss caused to the beneficial owner due to the negligence of the depository or the participant, the depository shall indemnify such beneficial owner. (2) Where the loss due to the negligence of the participant under sub-section (1) is indemnified by the depository, the depository shall have the right to recover the same from such participant.
A watch is sold at a profit of 20%. If both the cost price and selling price are reduced by Rs. 100, then the profit would be 5% more. Find the original...
A dealer sold an article at a loss of 4%. Had he sold it for ₹120 more, he would have gained 8%. To gain 11%, he should sell the article for?
A merchant sets the price of an item Rs. 6,000 higher than its original cost and offers a discount of 16(2/3) %. As a result, the merchant makes a 25% p...
The CP of a chair is Rs. 700 and the CP of a table is Rs. 900 and marked price of both the items is same. If 20% and 30% discount is given on chair and ...
If 7% of S.P. is equal to 8% of C.P. and if 9% of S.P. is Rs. 2 more than 10% of C.P, then find C.P. and S.P.
A merchant fixes the sale price of his goods at 60% above the cost price. He sells his goods at a 25% discount marked price. His percentage of profit (r...
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. 216. If the article was sold a...
Snap deal wishes to gain 35% after allowing 10% discount on the market price to his customers. At what percent higher than the cost price must they mar...
A and B started a business with investments in the ratio 2:3 respectively. After 4 months, C joined them with an investment 35% more than the investment...
The ratio of the cost price of an article to its selling price is 5:6. The marked price of the same item is Rs. 3,000 whereas the sum of the discount of...
