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As per Indian Evidence Act, 1872 S.56. Fact judicially noticeable need not be proved. This section provides for facts Judicially noticeable that means the Court can take judicial notice of such facts as they are well-known and can be asserted authoritatively. Judicial notice allows a well-known or authoritatively attested fact to be produced as evidence without having to prove them, as they cannot reasonably be doubted. Judicial notice is taken upon the request of a party that submits the fact. and such facts need not be proved.
A purse is sold for 12/25 of its marked price, yielding a profit of 20%. What is the ratio of the marked price to the cost price?
A shopkeeper sells an article for 10% profit. If he buys it for 4% less and sells it for profit then he gets Rs. 10 more. What is the original cost price?
Ram bought a bag for Rs. 900. He spent Rs. 232 on repairs and sold it at gain of 12.5%. Find the selling price of the bag.
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?