Question
Goods purchased ₹1,00,000. Sales ₹90,000. Margin 20%
on cost. Closing Inventory = ?Solution
Let Cost = 100, Margin = 20%, so Sales = ₹120. Cost to Sales ratio = 100 / 120 = 5/6 Given Sales = ₹90,000 → Cost of Sales = 90,000 × 5/6 = ₹75,000 Purchases = ₹1,00,000 Closing Inventory = 1,00,000 - 75,000 = ₹25,000
The average of 4, 6, 8, 12 and x is 7 and the average of x, 9, 13, 15 and y is 9. What is the value of 2x – 3y?
The average weight of a class of 25 student is 60 KG. If X is student joined the class, than the average weight of whole class increases by (2X – 7)...
The average wage of a group of 25 labourers is Rs. 470. If 4 persons receiving average wage of Rs. 350 leave the group and 2 persons receiving average w...
The average of 25, 46, and ‘y’ is 28. What is the value of ‘y’?
The average age of a group of 20 persons is found to be 26 years. Later it is found that age of two of the persons is calculated as 30 and 60 instead of...
The average cost of 5 chairs is Rs. 12000. The average cost decrease by 12% when one more chair is included. What is the cost price of the 6th
- A student scores an average of 55 marks in the first 4 exams. To get an average of 70 marks over 8 exams, what should be his average score in the remaining...
- The average of two numbers is 9 more than the smaller number among them. If the greater number is 125% more than the smaller number, then find the sum of t...
The average number of books on history, polity and geography in a library is 165, and the average number of books on history and geography is 140. If th...
The average age of 26 children and their teacher's age are 22 years. If the teacher's age is excluded, the average reduces by 1. What is the teacher's age?
