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Section 53A. Establishments of Appellate Tribunal: The National Company Law Appellate Tribunal constituted under section 410 of the Companies Act, 2013 shall, on and from the commencement of Part XIV of Chapter VI of the Finance Act, 2017, be the Appellate Tribunal for the purposes of this Act.
A trader marks his goods 40% higher than the cost price and gives a 20% discount on the marked price. Calculate his profit percentage.
An item is purchased for ₹400. What should be its selling price to achieve a 15% profit?
