Question
_____ in accounting refers to the quality of financial
information that can be easily comprehended by its intended users?Solution
Understandability in accounting refers to the quality of financial information that can be easily comprehended by its intended users.
A person spends 15% of his income on insurance and 25% of the remaining income on food. If the amount spent on insurance is Rs. 6,000, then find the amo...
- Rohit used to earn Rs. 42,000 per month. His spending to saving ratio was 5:9. After a salary increment, he reduced his expenses by 20% and his savings inc...
In a company interview test, 65% of the students passed in the first round, and 55% passed in the technical round, while 15% of students failed in both ...
A number is increased by 45% and then decreased by 30%. What is the overall percentage change (increase or decrease) in the number?
The value of A’s car is depreciating by 45% every year whereas the value of his house is appreciating by 10% each year as compared to the previous yea...
In a test, P got 28% of total marks and failed by 40 marks while Q got 36% of total marks which is 20 more than passing marks. Find the total marks of t...
A man spends 1/3 of his monthly salary on rent, 1/4 on food and 1/6 on transport. He saves the remaining Rs 4500. Find his monthly salary.
In a class of 40 students, 60% are boys. How many girls are there in the class?
In an election between two candidates 'P' and 'Q', 'P' got 55% of the votes and won by 4,400 votes. Find the number of votes received by 'Q'.
A shopkeeper sells two articles for Rs.3000 each. On one, he gains 25%, and on the other, he loses 20%. What is the overall percentage gain or loss?
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