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Let the cost price of each pen be Rs.x So, cost price of 25 pens = Rs.25x According to the question, => (25x – x + 40)/25 = x – 2 => 24x + 40 = 25x – 50 => x = 90 Therefore, the cost price of the pen that was replaced is = Rs.90
Calculate Economic order quantity from the following data.
Annual consumption = 10,000 units
Carrying cost = 8%
Cost per unit = Rs....
Which ICDS deals with Accounting Policies?
Which of the following account has a Credit Balance?
How many parties are involved in a Bill of Exchange?
"Anticipate no profit and provide for all possible losses". It is based on the convention of:
Bonus issue is also known as
Following information is available regarding an organization:
Direct material purchased: 1,50,000
Direct material consumed: 80,000
...
Financial Instruments such as Call Money, commercial paper, Bills of exchange, T-Bills, are traded in which of the following market?
According to Companies Act 2013, one person company will always be formed as:
A agrees to sell his horse to B if it wins the race tomorrow. The horse dies during the race. What is the nature of the contract?
