Question
A company values inventory at lower of cost and NRV.
Cost per unit = ₹150, NRV per unit = ₹140. For 5,000 units, calculate value as per Ind AS 2.Solution
• Lower of cost and NRV = ₹140 × 5,000 = ₹7,00,000.
A spent 20% of his monthly income on study and 72% of the remaining on rent. If amount spent on rent is Rs. 2016, then find the amount spent on study
In a school, 18% students like cricket, 46% students like rugby and the remaining students like football. If the number of football lovers exceeds 50% o...
A man spends 20% of his income on food, 30% on rent, 10% on transportation, and 15% on other expenses. He saves the remaining ₹12,750. What is his mon...
The population of a city is decreased by 20% in the first year and then increased by 32% in the second year. Find the population of the city at the end...
In a lock-making factory, 10 percent of the total produced locks were found to be defective, and 80 percent of the non-defective locks were exported. ...
Two candidates, 'K' and 'L', contested in an election. 'K' received 59% of the votes and won over 'L' by 3,540 votes. How many votes did 'L' receive?
A reduction of 20% in the price of cinema tickets would enable me to see 15 movies more for Rs. 1200. Find the original price of one ticket.
Each of the articles was marked 55% above its cost price and while selling ‘y’ % discount was given on it. The selling price of the article M is Rs....
A spent 30% and 26% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 20% and 40% to his mother and brother, respec...
- The cost of rice has gone up by 25%. By what percent should a person reduce their rice intake so that their total spending on rice remains unaffected?
