Question
What is the result when the smallest fraction is
subtracted from the largest fraction among the given values: 3/4, 9/2, 5/6, 2/3, and 4/5?Solution
ATQ, Convert each fraction to a decimal to compare them. 3/4 = 0.75 9/2 = 4.5 5/6 β 0.833 2/3 β 0.666 4/5 = 0.8 The greatest fraction is 9/2, and the smallest fraction is 2/3. Hence, the difference is = 9/2 - 2/3 = (27 - 4)/6 = 23/6
Which of the following is an example of transaction in money under GST laws
A bill of exchange drawn on 15th March for 2 months will mature on:
The person in whose Favor a bill is endorsed is called:
The term 'Days of Grace' in relation to a bill of exchange refers to:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
A bill of βΉ50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Mr. Arvind drew a bill of exchange of βΉ1,00,000 payable after 3 months on Mr. Rohit, who accepted the bill. Before maturity, Mr. Arvind endorsed the b...
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Which accounting standard governs the treatment of inventories in India?
The party who is entitled to receive the payment of a bill of exchange is called the: