Question

A sells a cow to B at a gain of 10% and B again sells it

to C at a profit of 20%. If C pays ` 924 to B, find the

purchase price of the cow for A.


(b) Explain the concept of commission, brokerage and

discount with example.​

Answer 1

An acquisition/takeover is the purchase of one business or company by another company or other business entity. Specific acquisition targets can be identified through myriad avenues including market research, trade expos, sent up from internal business units, or supply chain analysis. Such purchase may be of 100%, or nearly 100%, of the assets or ownership equity of the acquired entity. Consolidation/amalgamation occurs when two companies combine to form a new enterprise altogether…