Question
Mr. A draws a bill of exchange for ₹1,00,000 on Mr. B
for 90 days. Mr. B accepts it and it is discounted by Mr. A from the bank. On maturity, Mr. B fails to pay. Who bears the financial loss, and how is the accounting entry passed?Solution
On dishonour, the drawer reinstates the receivable. Entry: Mr. B A/c Dr. To Bank A/c → Mr. A bears the financial loss until recovery.
A girl found the answer for the question “subtract the sum 1/4 and 1/8 from unity and express the answer in decimals” as 1.5. The percentage of erro...
The cube of the difference between two given natural numbers is 1728, while the product of these two given numbers is 108. Find the sum of these two giv...
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Find the third proportion of 22 and 11.
A sum of ₹25,740 is divided among A, B, and C in such a way that A gets 50% more than B, and B gets 25% more than C. Find the share of C.
Find the smallest digit to be put in the place of the symbol @ in the number 57@92, so that the number becomes divisible by 3.
Find the unit digit of (57 129 - 7).
- What should be subtracted from 64 and 40 to make the ratio of resulting numbers 3:1?
