Question
According to the definition given under section 2 of the
Competition Act, what does "price" include in relation to the sale of goods or performance of services?Solution
Section 2 Definitions: (o) "price", in relation to the sale of any goods or to the performance of any services, includes every valuable consideration, whether direct or indirect, or deferred, and includes any consideration which in effect relates to the sale of any goods or to the performance of any services although ostensibly relating to any other matter or thing.
A, B and C invested in partnership. A invest Rs.5000 for 4 months, B invests Rs.2000 for 2 months and C invests Rs.8000 for 2 months. C is working partn...
βAβ, βBβ and βCβ started a business by investing Rs. 3,000, Rs. 3,600 and Rs. 2,400, respectively. After 6 months, βBβ decreased his inv...
A puts in Rs. (P + 600). After 9 months, B invests Rs. 5P. If the ratio of Bβs share to Aβs share is 5:6, compute (P β 400).
A, B, and C invest Rs 18,000, Rs 24,000, and Rs 30,000 respectively in a venture. The annual profit of Rs 36,000 is distributed such that C takes Rs 6,0...
A invested Rs X in a scheme. After 6 months, B joined with Rs 15000 more than that of A. After an year, ratio of profit of B to the total profit ...
‘A’ invested Rs. 4800 for ‘x’ months while ‘B’ invested Rs. 800 less amount than ‘A’ for (x + 3) months....
"Pawan and Qureshi started a business by investing Rs. 1200 and Rs. 1600, respectively. After 5 months, Pawan added Rs. 300 to his investment, while Qur...
'A' and 'B' invested (x + 40) and (x - 80) rupees, respectively, in a business. After one year, they made additional investments of Rs. 520 and Rs. 120,...
Karan and Arjun invested Rs. 2750 and Rs. 2250 respectively in a venture. If the yearly profit amounts to Rs. 10,000, find the difference between their ...
Shreya and Supriya enter into a partnership deal with the investment of Rs. 6000 and Rs. 4000 respectively. After the end of the 5 months, Prerna joins ...