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Companies Act Section 149. Company to have Board of Directors: (3) Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days during the financial year: Provided that in case of a newly incorporated company the requirement under this sub-section shall apply proportionately at the end of the financial year in which it is incorporated.
An item is sold at 70% of its marked price, resulting in a 40% profit. Determine the ratio of the marked price to the cost price for this item.
An anicle was sold for ₹1,215 after giving a discount of 19%. If a discount of 17.5% is given, then for how much (in ₹) should the article be sold?
