Question
The sale of an old vehicle for ₹2,00,000 (book value
₹2,50,000) will be reported in the cash flow statement as:Solution
Cash received on sale of fixed asset is inflow under investing activities, regardless of book value or gain/loss.
By selling a pair of shoes for Rs.840, the gain is 20%. If the gain is reduced to 15%, find the resultant selling price (in Rs.).
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A shopkeeper sells an article for Rs 120 and earns thrice the profit that he would have earned on selling this article for Rs 66. Find the C.P of this a...
An article is marked up by P% above the cost price. If shopkeeper offers discount of 25% and still earns a profit of 35%. For earning a profit of 71%, h...
A dishonest seller, at the time of selling and purchasing uses weight 22% less and 30% more per kg respectively. Find the approx. percent profit earned ...
The difference between the marked price and the cost price of a laptop is Rs. 2200. After offering a discount of Rs. 700 on the marked price, if the mar...