Question
From the following information calculate the amount of
sales to earn a desired profit of Rs.6,000 Fixed Cost: 12,000 Selling Price: 12 per unit Variable cost: 9 per unitSolution
Sales in value to cover fixed cost and desired profit: Units * SPPU =6000*12 =72,000 Calculation of sales units to cover fixed cost and desired profit: FC + Desired Profit /Contribution per unit  (12000+6000)/3 = 6000 Units Calculation of Contribution per unit: SPPU-VC =12-6 =3 Alternatively, Calculate PV ratio first: CPU/SPPU*100 =3/12*100 =25% Sales to cover fixed cost and desired profit: FC + Desired Profit/PV ratio = (12000+6000)/25% = 72000
Which govt. body has authority to inspect state cooperative banks, central co-operative banks under B & A 1949 ?
Monetary policy is also known as
The State Bank of India was founded in __________.
Mutual funds are necessary to be registered with which of the following organisations?Â
Expand the term ALM as used in Banking/Finance sector.
Which one of the following pillars addresses risk as per Basel Il norms.
A person who sign the note of application & render his credit history during the process of loan application is called __________.
Which of the following is not a debt security?
The following table shows the distribution of number of candidates who appeared for SSC entrance examination out of total candidates appeared and candid...
RBI has to do _______ to combat raising inflation.