Question
Currently, the ages of 'P' and 'Q' are in the ratio of
4:9. 'Y' years in the past, the ratio of their ages was 1:3. Three years from now, 'P' will be half as old as 'Q' is today. Determine the value of 'Y'.Solution
Let the present ages of 'P' and 'Q' be '4x' years and '9x' years, respectively. ATQ: 4x + 3 = 9x ÷ 2 Or, 8x + 6 = 9x So, 'x' = 6 Present age of 'P' = 4x = 4 X 6 = 24 years And present age of 'Q' = 9x = 9 X 6 = 54 years ATQ; {(24 - Y) /(54 - Y) } = (1/3) Or, 72 - 3Y = 54 - Y Or, 18 = 2Y So, 'Y' = 9
On dissolution, A’s capital = ₹50,000, B’s capital = ₹30,000. Cash realised = ₹60,000. Creditors = ₹20,000. Loss on realisation is shared eq...
According to Companies Act 2013, one person company will always be formed as:
Under which section of the Income Tax Act, 1961, can an individual claim a deduction for the payment of Medical/Health Insurance Premium?
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
Which of the following is not a source of long-term finance?
Which section of the Companies Act, 2013, deals with the 'Corporate Social Responsibility' (CSR) provisions?
Which one of the following is not regarded as Indirect material?
A non-life insurer has a motor insurance portfolio showing increasing loss ratios for three consecutive quarters, rising from 72% to 91%. What internal ...
If the organisation has Budgeted sales > the Break-Even level of Sales, then Margin of Safety, would be:
Company XYZ has purchased a new machinery to expand its production capacity. This purchase of Fixed Asset will _________