Question
An insurer faces a probable liability of ₹25 lakh from
a pending court case related to motor insurance. As per Ind-AS 37, how should the liability be recorded?Solution
Probable + estimable = provision recognised.
The ratio of the times taken by Aman, Bharat, and Charan to complete a task is 3:5:7 respectively. Dev takes 4 minutes more than Aman. If the difference...
Three numbers are in ratio 5:6:7. If the sum of the squares of those three numbers is 440 then find the sum of the three numbers.
The cost of diamond varies directly as the square of its weight. A diamond broke into four pieces with weights in the ratio 4 : 5 : 6 : 7. if the loss i...
An integer 'p' is added to each of 6, 14, 22 and 34 so that the resulting numbers will be in proportion in given order only. Find the value of '(p + 4)'...
Average run per wicket of a bowler is 11.5. In his next innings bowler took 5 wickets and conceded 40 runs, thereby he reduced his bowling average by 0....
If the third proportion of 18 and 36 is “0.5k”, then find the value of (k − 24) : (k + 16).
What is the mean proportion between 12 and 27?
- Initially, a bag contains t-shirts of two colours (yellow and green) in the ratio of 7: 15 respectively. If 19 yellow t-shirts and 11 green t-shirts were d...
The current age ratio of Nilam to Raman is 3:1, and the current age ratio of Fatima to Nilam is 5:2. If the combined present ages of Nilam, Raman, and F...
A sum is distributed among A, B and C is the ratio 8: 4: 3 and A divides its part between D and E in the ratio 9: 7, then what is the ratio of part of C...
