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The Arbitration and Conciliation Act of 1996 serves as India's primary legal framework for both domestic and international arbitration proceedings. This legislation grants the Supreme Court authority to intervene in international commercial arbitration matters, including the appointment of arbitrators and enforcement of arbitral awards. Based on the UNCITRAL Model Law, the Act ensures international compatibility and recognition of Indian arbitration decisions. The Act has been amended in 2015 and 2019 to enhance efficiency and transparency in the arbitration process.
A shopkeeper bought 60 pencils at a rate of 4 for Rs. 5 and another 60pencils at a rate of 2 for Rs.3. He mixed all the pencils and sold them at a rate ...
An item is marked up by Q% above its cost price. If a shopkeeper gives a 30% discount and still makes a profit of 40%, what discount should be given to ...
A person bought an article and sold it at a loss of 20%. If he had bought it at 10% less and sold it for 74 more, h would have gained 30%. Find the prof...
A retailer marks up an item's cost price by 40% and then offers it for sale with a 20% discount. What is the percentage profit made by the retailer on t...
A shopkeeper marked up an article 60% above cost price and sells it at Rs. 960 after allowing discount of 25%. Find marked price of article, if profit o...
A man bought an washing machine of Rs.15000 and spend Rs.2000 on its repairing and Rs.1000 for buying its new parts. After few days he vend it...
A toy is sold for Rs. 900 at 50% profit when profit is calculated on selling price. Find the profit% on cost price?
Aanchal sold a watch to Aman at a 20% profit. Subsequently, Aman sold the watch to Amit at a 15% profit. The difference between the selling price at whi...
Amit sold an electric-iron for ₹ 2,656 after giving a discount of 17% on the marked price. Had he not given the discount, he would have earned a profi...
The marked price of an article is Rs. 400 more than its cost price. The article is sold at 25% discount such that the seller earns a profit of Rs. 25. F...
