When LLP is incorporated the persons who subscribe their names to the incorporation document are considered as its first partners and any person may become partner in the LLP as per the LLP Agreement. Further, for the formation of LLP there must be at least two persons either natural or artificial and there is no restriction on the maximum number of partners. However, in case any body corporate is a partner then in that case it is required to nominate any person (natural) as its nominee for the purpose of LLP.
Two cycles were sold at 1499 Rs each. First was sold at 25% profit and second at 20% loss. Find the overall profit or loss.
The profit percentage of M and N are the same on selling the articles at Rs. 2800 each but M calculates his profit on the selling price while N calcula...
A and B started a business by investing sum in the ratio 3:5 respectively for 10 and 12 months respectively. If annual profit earned by B is Rs.1600, th...
The marked price of a watch is Rs 3,025. The shopkeeper allows a discount of 20% and gains 25%. If no discount is allowed, what would his gain percent be?
The ratio of the cost price to the marked price of an article is 2:5 and the ratio of the profit percentage to the discount percentage is 5:2. Find the...
Sara sold 30 scarves at a profit of 25%. If she had sold all the scarves for Rs. 3000 more, her overall profit would have been 50%. What is the selling ...
A man sells two pipes at 12 each. He gains 20% on one and loses 20% on the other. In the whole transaction, there is
The cost price of two mobiles 'M' and 'N' is Rs. 22,000 and Rs. 28,000 respectively. The shopkeeper marked up the prices of mobile 'M' and 'N' by 45% an...
Find the profit percentage earned on a school bag if it was sold at Rs.1548 after offering a discount of 10% and the marked price of a school bag is Rs....
A shopkeeper marked an article P% above its cost price and sold it for Rs. 810 after giving a discount of 20%. If the shopkeeper had a loss of 7.4% on t...
