Question
Which group of activities below is ranked from the
LOWEST cost of inventory to HIGHEST cost of inventory?Solution
Inventory of services is different from that of goods. For example, if a physician is available to see patients the inventory cost is the physician's salary and the cost of medical equipment available for the physician's use.
In what ratio must a person mix three kinds of rice costing him Rs 1.16,Rs 1.40 and Rs 1.72 per Kg so that the mixture may be worth Rs 1.37 per Kg?
A merchant has 1200 kg of sugar, part of which he sells at 9% profit and the rest at 15% profit. He gains 11% on the whole. The quantity (in kg) sold at...
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In what ratio rice at 50 Rs/kg should be mixed with the rice at 36 Rs/kg so that selling mixture at Rs 48 per kg gives the profit of 20% if the quantity...
The ratio of milk and water in a mixture of 80 litre is 3:2. If some quantity of mixture taken out and then 4 litre of milk and 4 litre of water is adde...
The cost of type 1 tea is Rs 20 per Kg and type 2 tea is Rs 30 per Kg. If both type1 and type 2 are mixed in the ratio of 3:2,then the price per Kg of t...
A shopkeeper mixes two varieties of rice costing Rs 48 per kg and Rs 60 per kg to get a mixture worth Rs 55 per kg. In what ratio (by weight) should he ...
There are three mixtures A, B and C. Mixture A contains 11% of water and B contains 16% of water. If A and B are mixed together than resultant mixture c...
The Price of 1 litre pure milk is Rs 50. By adding some water in it and selling the mixture at Rs 60 one gets 25% profit, then find the ratio of milk a...
