Question
Calculate the Inventory turnover ratio of the
company? Read the following information to answer the below questions:  Net Sales = 40,00,000 (20 % GP Element) out of which 40% is on credit. Opening Inventories were 60 % of closing inventories. Opening Receivables are 120,000. ÂSolution
COGS/Average inventory 32,00,000 / 3,36,000 9.52 times COGS =40,00,000(Sales) less 20%(Profit element) = 32,00,000 Average inventory = 420,000(closing stock) + 60% of 420,000(opening stock) / 2 = 3,36,000
In a test, P got 20% of total marks and failed by 50 marks while Q got 40% of total marks which is 25 more than passing marks. Find the total marks of t...
20% of 35% of a number is 175. What is 18% of that number?
A salesman is allowed 24% commission on the total sales by him and a bonus of 1% on the sales over Rs. 25000. If the total earnings of a salesman is Rs....
The value of A’s car is depreciating by 35% every year whereas the value of his house is appreciating by 12% each year as compared to the previous yea...
- A value is first raised by 35% and then reduced by 20%. What is the net percentage change in the original value?
Rakesh obtained 25% more marks than Ambuj Suresh obtained 52% less marks than Rakesh. Marks obtained by Suresh are what percent less than marks obtained...
 Rakesh obtained 25% more marks than Ambuj and Suresh obtained 40% less marks than Rakesh. Marks obtained by Suresh are what percent less than marks o...
A person spends 25% of his income on rent, 20% on food, 15% on transportation, and 10% on education. Additionally, he donates ₹3,000 and still manages...
'V' sold 40% fewer candies than 'P' did. The ratio between the quantity of candies sold by 'V' and 'B' is 4:7. If 'B' sells 630 sweets, get the number o...
In a zoo, 25% of the people are males. 40% of the remaining are females and the remaining 720 are children’s. Find the total number of people in a...
Relevant for Exams:
