Question
From the following information of XYZ Ltd. for the year
ended 31st March, 2024, calculate the total Finance Costs: Interest paid on Term Loan: ₹2,50,000 Interest paid on Bank Overdraft: ₹35,000 Interest paid on Deposits: ₹75,000 Interest Received on Fixed Deposits: ₹25,000 Bank Charges: ₹9,500Solution
The total Finance Costs to be shown in the Statement of Profit and Loss includes: Interest paid on Term Loan: ₹2,50,000 Interest paid on Bank Overdraft: ₹35,000 Interest paid on Deposits: ₹75,000 Total Finance Costs = ₹2,50,000 + ₹35,000 + ₹75,000 = ₹3,60,000 Note: Interest received on Fixed Deposits and Bank Charges are not included in the Finance Costs.
A shopkeeper purchases rice of two varieties ‘A’ and ‘B’ at Rs. 27 per kg and Rs. 24 per kg respectively. He mixes 1 kg of variety ‘A’ rice ...
A shopkeeper purchases a batch of 120 pens for ₹240. He sells 60 pens at ₹5 each and the remaining pens at a 20% discount on the marked price of ₹...
A shopkeeper marks his goods 40% above cost price. To get an overall profit of 12%, he allows a discount of x% on the marked price. What is x?
A shopkeeper purchased an article for Rs. ‘a’ and marked it 140% above its cost price and sold it after giving two successive discounts of Rs270 a...
A bought a laptop for Rs.20000. He spent 20% of the amount that he had paid for buying it for its repair. He then sold the laptop to B and earned a prof...
The ratio of cost prices of two articles ‘A’ and ‘B’ is 5:1 respectively and the average cost price of articles ‘A’ and ‘B’ is Rs. 1200....
Find the cost of manufacturing each article if a manufacturer estimates that on inspection 14% of the articles he produces will be rejected. He a...
A sold a watch to B at a profit of 20%. B sold it to C at 30% profit. C sold it to D at 10% loss. If B's profit is ₹.80 more than that of A, then D bo...
A refrigerator is listed at Rs. 32000. It is sold after offering two consecutive discounts of 18% and 12%. What is its selling price?
Two goods, R and S, are sold at 30% profit and 15% loss respectively. If the cost price of S is Rs. 240 and the overall profit is Rs. 24, find the cost ...
