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प्रश्न
State whether the following statement is True or False.
The buyer is legally allowed 6 days grace period.
पर्याय
True
False
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उत्तर
This statement is False.
Explanation:
The buyer is Legally allowed 3 days grace period.
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संबंधित प्रश्न
An agent charges 12% commission on the sales. What does he earn if the total sale amounts to ₹ 48,000? What does the seller get?
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An agent who gives a guarantee to his principal that the party will pay the sale price of goods is called ______.
The date on which the period of the bill expires is called
The payment date after adding 3 days of grace period is known as ______.
Fill in the Blank.
A _______ is an agent who brings together the buyer and the seller.
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A salesman is paid fixed monthly salary plus commission on the sales. If on sale of ₹ 96,000 and ₹ 1,08,000 in two successive months he receives in all ₹ 17,600 and ₹ 18,800 respectively, find his monthly salary and rate of commission paid to him.
An agent sold a car and charged 3% commission on sale value. If the owner of the car received
₹ 48,500, find the sale value of the car. If the agent charged 2% from the buyer, find his total remuneration.
Choose the correct alternative:
A salesman receives 3% commission on the sales up to ₹ 50,000 and 4% commission on the sales over ₹ 50,000. His total income on the sale of ₹ 2,00,000 is ______.
Choose the correct alternative:
The present worth of ₹ 11,660 due 9 months hence is ₹ 11,000. The True discount is ______
An agent who gives guarantee to his principal that the party will pay the sale price of goods is called ______
The buyer is legally allowed ______ days grace period
State whether the following statement is True or False:
The trade discount is first calculated on the catalogue (list) price
State whether the following statement is True or False:
A factor is an agent who is given the possession of goods and enters a contract for sale in his/her own name
Three cars were sold through an agent for ₹ 2,40,000, ₹ 2,22,000 and ₹ 2,25,000 respectively. The rates of commission were 17.5% on the first, 12.5% on the second. If the agent overall received 14% commission on the total sales, find the rate of commission paid on the third car.
Solution: Total selling Price of three cars = 2,40,000 + 2,22,000 + 2,25,000
= `square`
Commision on total sale = 14%
= `14/100 xx square`
Selling price of First car = ₹ 2,40,000
Rate of commission = 17.5%
= `17.5/100 xx 2,40,000 = square`
∴ Commission on first car = ₹ `square`
Selling price of Second car = ₹ 2,22,000
Rate of commission = 12.5%
= `12.5/100 xx 2,22,000 = square`
∴ Commission on second car = ₹ `square`
Selling price of third car = ₹ 2,25,000
Let the rate of commission be x
Commission on third car = `x/100 xx 2,25,000`
∴ Commission on third car = Total commission − (commission on first car + commission on second car)
∴ `x/100 xx 2,25,000 = square - {square + square}`
∴ x = `square`
