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Two years preceding the insolvency commencement date, Explanation: Section 43-Preferential transactions and relevant time: (4) A preference shall be deemed to be given at a relevant time, if— (a) it is given to a related party (other than by reason only of being an employee), during the period of two years preceding the insolvency commencement date; or (b) a preference is given to a person other than a related party during the period of one year preceding the insolvency commencement date.
Kiran sold an article at a certain price. Had she sold the article 1/5th of the price she had actually sold, she would have incurred a loss of 74%. Fin...
A shopkeeper sold a school bag at a profit of 30%. Had he sold the school bag at 15% profit he would have earned Rs.105 less. Find the cost price of the...
A shopkeeper planned to sell 150 shirts each priced at Rs 1,250 in a particular year. Each shirt, if it had been sold at the mentioned price would have ...
If 15 buttons are bought at Rs 1 and sold at the rate of 10 buttons at Rs 1, what will be the percentage profit?
Ram spent 20% of his monthly income on study and 72% of the remaining on rent. If amount spent on rent is Rs. 2016, then find the amount spent on...
An item is sold with a 30% discount on its marked price. As a result of this discount, the seller earns a profit of 40%. Given that the marked price of ...
A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
...An article is marked 25% above its cost price and sold after offering a discount of Rs. 30 such that its selling price is Rs. 50 more compared to its se...
An article is sold for Rs. 980, yielding a profit that is twice the amount lost when the article is sold for Rs. 458. Determine the selling price requir...
