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Section 30 of Indian Partnership Act, 1932 At any time within six months of his attaining majority, or of his obtaining knowledge that he had been admitted to the benefits of partnership, whichever date is later, such person may give public notice that he has elected to become or that he has elected not to become a partner in the firm, and such notice shall determine his position as regards the firm: Provided that, if he fails to give such notice, he shall become a partner in the firm on the expiry of the said six months.
The selling price of y items is equal to the cost price of 720 items. If the profit made is 60%, then find the value of y.
If there is a loss of 25% on selling the article at 15/28 of the original selling price then what will be the percentage profit after selling the articl...
A and B invest in a business in the ratio 4 : 5. After 10 months B leaves the business after withdrawing his investment. In the first year the business...
A vendor buys a certain quantity of fruits at the rate of 32 fruits for Rs. 24 and the same quantity at the rate of 48 fruits for...
The selling price of the book is 30% more than the selling price of the bag and the selling price of the bottle is 30% less than the selling price of th...
A trader bought an article for Rs. 1500 and marked it 25% above of its cost price. If he sold it after giving a discount of Rs. 30 then find the profit ...
Jeeva purchased an article for Rs.2500 and sold it at 25% above cost and paid a tax of Rs.125. Find the post-tax profit in rupees.
A dishonest dealer announces selling his articles with a 25% loss but uses 40% lighter weights. What is the percentage of his profit or loss?
Arjun sold two laptop bags, one with a 20% profit and the other with a 25% profit. The marked price of each bag is Rs. 1,500, and...
On purchase of articles worth ₹10,000, a shopkeeper offers a flat discount of ₹700 to his customers. Further, by shopping using a credit card, he gi...