Question
Solution
The ratio of Net Sales to Inventory is known as the Inventory Turnover Ratio. It is a financial metric that measures how efficiently a company is managing its inventory and how quickly it is selling its inventory during a specific period. The formula for Inventory Turnover Ratio is: Inventory Turnover Ratio = Net Sales / Average Inventory Where: Net Sales = Total Sales Revenue - Sales Returns and Allowances - Sales Discounts Average Inventory = (Opening Inventory + Closing Inventory) / 2
Suresh earned an interest of Rs. 1677 on principal amount of Rs. 5200 at some rate of compound interest in 2 years. How much more/less interest would he...
A sum fetched a simple interest of ₹3,040 at the rate of 8 %.p.a. in 5 years. What is the sum?
The difference between the compound interest, compounded annually and simple interest on Rs. ‘P’ at the rate of 20% p.a. for 2 years, is Rs....
An amount of Rs. 'x' is invested at a simple interest rate of 15% per annum and grows to Rs. 14,500 after 3 years. If the same am...
Two persons A and B invest money in two schemes. A invests Rs. 6000 for 2 years in R% CI per annum. B invests Rs.7000 for 2 years in 20% CI per annum. I...
- Rs. 3,000 becomes Rs. 4,200 in 10 years at simple interest of r% p.a. If Rs. 6,000 is invested at 0.5r% p.a. for 6 years, what will be the interest amount?
Rohit invested a sum on compound interest at 'R%' per annum (compounded annually), which amounts to ₹8,000 and ₹11,520 in 2 years and 4 years respec...
An investment of ₹15,000 is made for 4 years at an annual compound interest rate of 6%. After 2 years, ₹5,000 is withdrawn. Calculate the approxima...
A man deposited Rs. ‘x + 1400’ at 12% per annum simple interest and earned Rs. 828 as interest after 2 years. Find the interest earned by him if he ...
The interest received by investing Rs. 2900 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple int...
