Question
When Sales are 360000, and GP ratio is 50% and the
average inventory is 90000, what is the inventory turnover ratio?Solution
Inventory Turnover Ratio is COGS/ Average Inventory = 180000/90000 = 2.
A person’s monthly income increases by 20% and his monthly expenditure increases by 10%. If his savings increase from Rs 5000 to Rs 8000, then his ori...
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The ratio of the monthly income of K and L is 8:13, respectively, and their expenditures are Rs. 2500 and Rs. 5000, respectively. Find the difference be...
The ratio of incomes of A and B is 4 : 5 and their expenditures are in the ratio 3 : 4. If each saves Rs. 2000, find A's income.
The ratio of the earnings of Amit and Deepak is 7:11. If Amit’s earning is increased by 25% and Deepak’s earning is reduced by 15% and the differenc...
The monthly salary of a woman is increased by Rs. 600. If her old salary was 25% less than her new salary, find her old salary.
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Income of ‘Rohan’ is Rs. 45000 which is 10% less than that of ‘Sohan’. ‘Sohan’ spends 50% of his income and saves the rest. The ratio of sav...
The ratio of monthly savings to monthly expenditure of Nisha is 5:8 respectively. If her savings go up by 40% while expenditure drops by 25%, then her n...
- Aman spends 80% of his monthly income and saves Rs. 3,000. Find his monthly income.
