If a partner earns any personal profits from the business of the firm:
As per s.16 of the Indian Partnership Act, 1932- Section16 PERSONAL PROFITS EARNED BY PARTNERS. Subject to the contract between the partners, - (a) if a partner derives any profits for himself from any transaction of the firm, or from the use of the property or business connection of the firm or the firm-name, he shall account for that profit and pay it to the firm;
The ratio of the C.P. and S.P. of an article is 16 : 17. What is the Gain percent?
The cost price of two articles is same. One article is sold at 20% profit and another at 10% loss. If the selling price of one article is Rs. 999 more t...
A shopkeeper marked an article P% above its cost price and sold it for Rs. 1200 after giving a discount of 20%. If the shopkeeper had a loss of 6.4% on ...
Each of the articles is marked 80% above its cost price and a 30% discount was given on it while selling. The selling price of article A is Rs. 126 less...
An article is marked (p+15)% above its cost price. While selling the same article (p-20)% discount was given on it. The amount of discount given on the ...
By selling 10 candles a person gets a profit of the selling price of 3 pens whereas by selling 10 pens he incurs a loss of the selling price of 4 candle...
A loss of 10(1/2) % gets converted into a profit of 11(3/5) % when the selling price is increased by Rs 375.70. The cost price (in Rs) of the article is:
A man bought an article at 20% less of the marked price and sold it at 25% more than the marked price. Find the profit earned by him.
...A Company allow 8% commission on the total sales to its salesman but if the salesman is appointed on a fix salary of Rs. 5000 and 6% commission on the s...
The ratio between the sale price and the cost price of an article is 32 : 24. What is the ratio between the profit and the cost price of that article?
