Question
7 years ago, the ratio of the ages of Pia and Qasim was
9:7. The present age of Tom is 20 years more than one-seventh of Qasim’s present age. Find Tom's present age if Pia’s age in 4 years will be 38 years.Solution
Pia and Qasim's ages 7 years ago = 9x and 7x Present ages = 9x + 7, 7x + 7 Pia's present age = 38 – 4 = 34 years → 9x = 34 – 7 = 27 → x = 3 Qasim's present age = 7(3) + 7 = 28 years Tom's present age = (1/7) * 28 + 20 = 24 years
The Asset turnover is 5 times and Net margin is 3% for PQR Ltd. What is the Return on Investment for PQR Ltd?
The size of the order for which both ordering and carrying cost are at minimum is known as:
A situation in which two moral principles conflict with one another is known as ______
Which of the following is incorrect in relation to issuance of Bank Guarantee?
Liability of partners in a partnership business is
As per Partnership Act, in which of the following cases partners have the duty to indemnify the loss caused to the firm?
ABC Ltd has its Earning before Interest and Tax as 45000. The tax rate applicable for the year is 25%. It has made a capital expenditure of Rs 22500 and...
MNP Inc has a gross profit of Rs 75000 on a sale of Rs 350000. The balance sheet shows average total assets of Rs 200000 with an average inventory of Rs...
A company is thinking whether to buy a new machine or build a new machine itself in the factory. The following information is available about the two pr...
Which of the following best describes financial arbitrage?