Section 68.Power of company to purchase its own securities- (1) Notwithstanding anything contained in this Act, but subject to the provisions of sub-section (2), a company may purchase its own shares or other specified securities (hereinafter referred to as buy-back) out of— (a) its free reserves; (b) the securities premium account; or (c) the proceeds of the issue of any shares or other specified securities: Provided that no buy-back of any kind of shares or other specified securities shall be made out of the proceeds of an earlier issue of the same kind of shares or same kind of other specified securities.
A shopkeeper purchased an article for Rs. ‘a’ and marked it 135% above its cost price and sold it after giving two successive discounts of 200 and 2...
A person bought an article and sold it at a loss of 15%. If he had bought it for 20% less and sold it for Rs114 more he would have had profit of 30%. F...
A Shopkeeper sold an article at 5% loss. If he had sold it for Rs. 350/- more, he would have made 20% profit, find the selling price of the article?
A Bread packet is sold at a profit of 20% after a discount of 25%. where the difference between profit and discount is Rs.370 then what will be the ma...
A shopkeeper sold two items. The selling price of the first item equal the cost price of the second item. He sold the first item at a profit of 20% and ...
An article was marked 80% above the cost price and sold after a discount of Rs. 780. If the selling price of the article is Rs. 1380 then find the cost ...
The CP of 53 stickers is equal to SP of 50 stickers. Find the gain percent.
The selling price of 15 oranges is equal to the cost price of 12 oranges. Find the loss percent.
A businessman buys some lemons at the rate of 2 for 1 rupee and the same number of lemons at the rate of 3 for 1 rupee. At what price should he sell all...
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.
