Any accidental loss to the consigned goods or loss caused by carelessness will be classified as which among the following in the terminology of Process Costing?
Abnormal Loss refers to the loss caused by carelessness and inefficiencies or unexpected or abnormal conditions such as accident, theft, machine breakdown, fire, flood, earthquake, etc.
A shopkeeper sold two articles for Rs. 3588 each. One article is sold at a profit of 15% while another one is sold at a loss of 20%. What will be the su...
Article ‘P’, if sold at a profit of 18% earns a profit of Rs. 360. If article ‘P’ is marked 30% above its cost price and then sold after offerin...
The cost price of two dozen bananas is Rs. 48 after selling 18 bananas at the rate of Rs. 18 per dozen, the shopkeeper reduced to rate of Rs. 12 per doz...
14% more is gained by selling a spectacles for Rs. 4288 than by selling it for Rs. 4113. Find the cost price of the spectacles.
A and B started a business with investments in the ratio 5:4 respectively. After 4 months, C joined them with an investment 30% more than the investment...
By how much % should a shopkeeper increase the marked price of his item so that the customer gets a profit of 8% even after giving a discount of 10%?
A shopkeeper earns a profit of 30% by selling an article. What would be the approximate percent change in the profit percent, if he had paid 20% less an...
A shopkeeper sold a jacket for Rs. 3500 at a loss of 30%. At what price should he have sold the jacket, to earn a profit of 25%?
A wholesaler mark up his good such that he can gain 8% profit after giving 10% discount to his customers. One particular customer availed a discount of...
The profit percentage of M and N are the same on selling the articles at Rs. 2800 each but M calculates his profit on the selling price while N calcula...
