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Start learning 50% faster. Sign in nowSection 188 (3), where any contract or arrangement is entered into by a director or any other employee, without obtaining the consent of the Board or approval by a resolution in the general meeting under sub-section (1) and if it is not ratified by the Board or, as the case may be, by the shareholders at a meeting within three months from the date on which such contract or arrangement was entered into, such contract or arrangement shall be voidable at the option of the Board and if the contract or arrangement is with a related party to any director, or is authorised by any other director, the directors concerned shall indemnify the company against any loss incurred by it.
An item is priced 40% above its cost price. It's sold for Rs. 2268, after applying a discount of x%, and this sale results in a 12% profit. Determine th...
Arvind and Jagdish start a business together. The capital invested by Arvind was twice of that invested by Jagdish. At the end of six months from the st...
The ratio of cost price to the marked price of an article is 5:8. The article had been marked above its cost price by Rs. 450. If the article was sold a...
A shopkeeper purchased an item for Rs. 1,500. He increased the price by 20% over its cost price and then sold the item after offe...
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 ...
Joy bought a painting for Rs. 6000 and sold it for Rs. 7500. Find the profit %.
An article is sold at a price that is 40% higher than its cost price. After offering a discount of Rs. 116, the seller still makes a profit of 24%. Wha...
The selling price of y items is equal to the cost price of 540 items. If the profit made is 44%, then find the value of y.
A shopkeeper claims to incur a loss of 20% but uses a weight of 640 grams in place of 1kg If the CP of the rice is Rs 80/kg , what will be the % of a...
