Question
Section 63 of the Companies Act. 2013 deals with the
issue of bonus shares. According to Sub-section (1) of this section, a company may issue fully paid-up bonus shares to its members, in any manner whatsoever, except out ofSolution
Section 63 of the Companies Act, 2013, allows a company to issue fully paid-up bonus shares to its members, except out of its current net profit. This means that bonus shares cannot be issued using the profits earned in the current financial year. However, bonus shares can be issued using other sources such as free reserves, the securities premium account, or the capital redemption reserve account, subject to the provisions of the Companies Act.
An item has marked price ₹2000. Two successive discounts of 15% and 5% are given. Find:
(i) final selling price, (ii) single equivalent discount %.
The marked price of the washing machine is 60% above its cost price. The seller offers two successive discounts of 10% and 10%, respectively. If he make...
An item is sold for Rs. 288 after two successive discounts of 'x%' and 25% on the marked price of Rs. 480. Find the value of 'x'.
The marked price of an article is Rs 1500. A shopkeeper sells it by giving 20% discount on its marked price. If the cost price of the article is Rs 991....
Meera purchased 10 dozens of apples, which cost Rs. 90 per dozen. She sold 6 dozens of apples at Rs. 108 per dozen. At what rate per dozen did she sell ...
Asha bought a dress and sold it at a profit of 20%. Had she bought it for Rs. 400 less and sold it for Rs. 480 more, she would have earned a profit of 6...
A person buys three articles having some cost price and sells at (142/7)%, (12.5)% and (81/3)% profit respectively. If he gets overall Rs. 630 as a prof...
- A seller marked an article 60% above its cost price and sold it after allowing 25% discount. If he made a profit of Rs. 45, then find the difference betwee...
A man buys a radio for ₹2000. He sells it to a retailer at a profit of 25%. The retailer sells it to a customer at a profit of 20%. What is the final ...
A person sold a house at 15% Profit. If he had purchased it for 25% less and sold it for Rs 48 less, then there would have been a profit of 32%. Find th...
