Question
A firm reports the following balances in its trial
balance: The firm provides a discount of 8% on Trade Receivables. The total discount allowed and provision to be accounted for in the Profit and Loss Account for the year ending 31.03.2022 is:Solution
The provision for discount = 8% of ₹1,80,000 = ₹14,400. Total discount allowed = ₹5,000. The total amount to be charged is ₹5,000 + ₹14,000 = ₹16,000.
Statement: B > C = J; B > S > E; B < N
Conclusion: I. E < C      II. J ≤ E
Statements: R < S ≤ T = U; V ≤ W = R; P > U ≥ Q
Conclusions:
I. V < T
II. P > W
III. Q < TWhich of the following expression symbols should replace the question mark(?) in the given expressions to make the expression C ≥ E as well as D > M d...
Statement- 1 - 6# ≥ 9# ≥ 10# ≤ 5#
2 - 7* ≤ 10# ˃ 5* ≥ 6*
Conclusions:
1) 5# > 5*
2) 9# ˃ 6*
3) ...
Statements:  W > O > E ≤ N > P; L ≥ U; P > Q = R > U
Conclusions:
I. Â N > U
II. Â P > U
III. Â P < L
IV....
Statements:
E ≤ A > J ≥ L; Y > J < D
Conclusions:
I. D > L
II. A > L
Statement:Â C < P > T = E < R; G > R > A < D
Conclusions:
I. T < G
II. G ≥ P
III. T > A
In these questions, relationship between different elements is shown in the statements. The statements are followed by conclusions.
Statements:...
Statements: T = U, V < M, W ≥ T, U ≤ V
Conclusion:
I. U ≤ W
II. M > U
Statements:
I @ L © R * A $ M
Conclusions:
I. R * M
II. A % L
III. A % I
Relevant for Exams:
