Question
The ratio of the present ages of father and his son is
9:4. The product of their ages 3 years ago was 24 times of his son’s age that year. What was son’s age 2 year ago?Solution
Let present age of father and son be 9x and 4x respectively. According to question,  => (9x – 3) (4x – 3) = 24 × (4x – 3)  => (9x – 3) = 24 => 9x = 27 => x = 3 Therefore, son’s age 2 years ago = (4x – 2) = 10 years
Under process costing, which of the following is considered as normal loss?Â
Which of the following financial statements shows a company's assets, liabilities, and equity at a specific point in time?
If a company uses LIFO inventory method in falling price environment (prices decreasing), then:
In the CAPM model, the expected return is expressed as:
E(R)=Rf+β(Rm−Rf)
Here, what does the risk-free rate (Râ‚“) represent or compens...
Which of the following is an example of an intangible asset?
The work of one clerk is automatically check by another clerk is called _________.
Which type of budget is prepared for a range of activity levels rather than a single level?
A company purchases goods worth ₹10 lakh + 18% GST, uses 70% for taxable supplies and 30% for exempt supplies. Calculate eligible ITC.
As per Union Budget 2025-26, what is the new asset monetization plan target for 2025-30?
An interface that communicates with other tiers in a three-tier architecture structure is known as ________.
Relevant for Exams:
