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he 24th amendment to the Indian Constitution was enacted by the then Indira Gandhi government in November 1971. The objective was to nullify the Supreme Court’s ruling that had left the Parliament with no power to curtail the Fundamental Rights. Clause (4) was inserted in Article 13, which states: “Nothing in this article shall apply to any amendment of this Constitution made under article 368.” This provision added more power to the Parliament when it comes to amending the Constitution. It brought Fundamental Rights within the purview of amendment procedure and judicial intervention or review of those amendments was prohibited. This amendment was challenged in the Keshavananda Bharti case and the court upheld it’s validity and also held that parliament has amending power to part III of the constitution subjected to not amending or affecting the basic structure of the constitution.
A purse is sold for 12/25 of its marked price, yielding a profit of 20%. What is the ratio of the marked price to the cost price?
A shopkeeper sells an article for 10% profit. If he buys it for 4% less and sells it for profit then he gets Rs. 10 more. What is the original cost price?
Ram bought a bag for Rs. 900. He spent Rs. 232 on repairs and sold it at gain of 12.5%. Find the selling price of the bag.
A shopkeeper sells an item for ₹1,500 at a profit of 20%. If he wants to earn a profit of 25%, what should be the selling price of the item?