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Arbitration & Conciliation Act, S. 8.Power to refer parties to arbitration where there is an arbitration agreement.— (1)A judicial authority, before which an action is brought in a matter which is the subject of an arbitration agreement shall, if a party to the arbitration agreement or any person claiming through or under him, so applies not later than the date of submitting his first statement on the substance of the dispute, then, notwithstanding any judgment, decree or order of the Supreme Court or any Court, refer the parties to arbitration unless it finds that prima facie no valid arbitration agreement exists.
A shopkeeper sold an article for Rs. 600 after offering a discount of 40%. If he earned a profit of 50%, then find the ratio of cost price to the marked...
A merchant increased the price of a blouse by 20%. If the labeled price of the blouse is Rs. 600, and in this transaction, the shopkeeper made a profit ...
A shopkeeper purchases rice of two varieties ‘A’ and ‘B’ at Rs. 18 per kg and Rs. 45 per kg respectively. He mixes 1 kg of variety ‘A’ rice ...
The cost price of two articles is same. One article is sold at 40% profit and another at 10% loss. If the selling price of one article is Rs. 700 more t...
The selling price of an article is 30% more than its cost price. Given that the ratio of the marked price to the cost price is 26:15, determine the appr...
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.
If 7% of S.P. is equal to 8% of C.P. and if 9% of S.P. is Rs. 2 more than 10% of C.P, then find C.P. and S.P.
A sold a car to B at 11% profit, who later sold it back to A at 4% loss. If initially A purchased the car for Rs. 250000, then find the total profit ear...
One article is sold at 10% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 180. If the cost price of ...
Profit percentage received on a product when sold for Rs.500 is equal to the percentage loss incurred when the same product is sold for Rs.300. Find the...