Question
A group of 7 friends had an average age of 24 years.
When two new friends join the group, the average age of the group increases to 26 years. If the age of second friend is 20% more than that of first friend then, what are the ages of two new friends?Solution
Total age of 7 friends = 7×24 = 168 years Total age of 9 friends = 9×26 = 234 years Total age of 2 new friends = 234-168 = 66 years Let the ages of first friends = 5x Then, the ages of second friends = 6x 5x+6x = 66 11x = 66 x = 6 the ages of two new friends = 30 and 36 years.
Which of the following Indian Accounting Standard (Ind AS), deals with the reporting and disclosure of contingent liabilities and contingent assets? �...
Current investments are carried at:
Who is called father of modern accountancy who also described the duties and responsibilities of auditor?
A firm has high current assets turnover but declining sales. What strategy should it follow?
The level at which a fresh order should be placed for the replenishment of the stock is known as ______.
Under what circumstances must Reporting Entities (REs) obtain the Aadhaar number from an individual during the Customer Due Diligence (CDD) process?
The budget that estimates the expected cash inflows and outflows for a future period is the:
Which of the following is true about stock options granted to employees (share-based payments) under Ind AS 102?
Which conditions must be met for a third party’s customer due diligence to be accepted by an RE?
On 31 March 2025, XYZ Ltd. declares a final dividend of ₹5 per share on 10 lakh shares. The company’s policy is to transfer 10% of current year prof...