Question
Which of the following is NOT considered a qualitative
characteristic of accounting information?Solution
The correct answer is B
A shopkeeper marked an article P% above its cost price and sold it for Rs. 640 after giving a discount of 22%. If the shopkeeper had a loss of 6.4% on t...
Ratio of MP and SP of an article is 8:5 and the article is sold at 25% profit. Find cost price of article, if the selling price is 200 more than its CP?
- Neha purchased a refrigerator for Rs. (6000 + x). She sold it to Raj at a profit of 12%. Raj then sold it to Tarun at a profit of 15%, and Tarun sold it to...
The ratio of the cost price and marked price of an article is 3:7, respectively. The article is sold after giving a discount of Rs. 800 such that there ...
A retailer bought a gadget for Rs. ‘a’ and marked it 140% above its cost price. He sold it after giving two successive discounts of 800 and 25%, res...
- A washing machine is priced 50% over its cost price. The marked price is Rs. 18,000. If a customer gets 25% off, find the profit earned by the seller.
Raghav sold two items, 'A' and 'B', each for Rs. 2,000. He incurred a 20% loss on item 'A' and earned a 25% profit on item 'B'. Calculate the approximat...
When a shopkeeper sells an item A for Rs.52,800, he incurred a loss of 45%. If he sells another item B of same cost price in order to recover the loss i...
A salesman is allowed 32% commission on the total sales by him and a bonus of 3% on the sales over Rs. 15000. If the total earnings of a salesman is Rs....
On selling 80 articles for Rs. 6000 there is a loss equal to the cost price of 20 articles. Find the selling price of 40 articles if the shopkeeper want...
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