What is the minimum number of members required to form a public company?
Minimum seven members, Explanation: Section 3. Formation of company: (1) A Company may be formed for any lawful purpose by— (a) seven or more persons, where the company to be formed is to be a public company; (b) two or more persons, where the company to be formed is to be a private company; or (c) One Person, where the company to be formed is to be One Person Company that is to say, a private company, by subscribing their names or his name to a memorandum and complying with the requirements of this Act in respect of registration.
The profit earned when article is sold for Rs. 1280 is 23 times of the loss incurred when it is sold for Rs. 800.Find the CP?
Jaideep invested two equal sums at 12% simple interest p.a. for 8 years and 10 years respectively. If the difference in interest earned is Rs.14...
A woman invests Rs. 2000 at the start of each year at 5% compound interest per annum. How much will her investments be at the end of the 2nd year?
A certain amount earns simple interest of Rs. 1420 after 4 years. Had the interest been 5% more, how much more interest would it have earned?
The interest earned on investing Rs. 'P' for 5 years at simple interest of 10% p.a. is Rs. 500 more than the interest earned on investing Rs. (P - 1,500...
Amit invested Rs. 96,000 in two SIPs labeled 'P' and 'Q.' SIP 'P' offers an annual interest rate of (p - 3)%, and SIP 'Q' offers (p + 3)% interest, both...
Meera deposited Rs. ‘W’ in a bank offering compound interest of 9% p.a. compounded annually. After 3 years, she invested the amount received from th...
A man invested a certain amount of sum at 12.5% per annum simple interest and earned an interest of Rs.2500 after 5 years. If the same amount is investe...
In what time will Rs. 45000, at 4% per annum, produce the same interest at Rs.18000 does in 5 years at 8% simple interest?
Yeshudas borrowed a certain amount from a Bank at an interest rate of 2.5% p.a. and after 4 years , he repaid a total amount of 46,200 to the Bank. How ...
