Question
Under which condition will no depreciation be charged on
a fixed asset during a financial year?Solution
Depreciation is not charged if the asset is not available for use throughout the year.
'A' and 'B' began a business with investments of Rs. 8,000 and Rs. 15,500, respectively. After five months, 'A' increased his investment by 50%, while '...
A started a business with an investment of Rs 16,000. After 2 months B joins in with 5/8 of the amount that A invested and A withdraws Rs 4,000. After 2...
‘A’ and ‘B’ started a business by investing Rs. 2500 and Rs. 2000, respectively. 8 months later, ‘C’ joined them with an investment equal to...
‘M’ started a business with an investment of Rs. 4000. After 4 months ‘N’ joins the business with an investment of Rs. 2850. If the total profit...
A and B started a business by investing Rs.450 and Rs.550 respectively. After 8 months, A increased his investment by Rs.850. Find the ratio of annual p...
‘A’ launched a business with an initial investment of Rs. 12,000. After ‘M’ months, ‘B’ became a partner by contributing Rs. 20,000. By the ...
The sum of the incomes of 'G', 'H', and 'I' is Rs. 18000. 'G', 'H', and 'I' spend 70%, 65%, and 85% of their respective incomes, with their savings in t...
‘A’ and ‘B’ entered into a partnership by investing Rs. 2500 and Rs. 3500, respectively. If ‘A’ invested his sum for only 7 months and the t...
A spent 25% of his monthly income on study and 55% of the remaining on rent. If amount spent on rent is Rs. 825, then find the amount spent on study
Ravi invested Rs. 18,000 in a business. After 8 months, Suresh joined with an investment of Rs. 22,000. If the total profit at the end of 2 years is Rs....
