Question
The combined age of A and B is 70 years. The current age
ratio of A to C is 9:10. Additionally, the average age of A, B, and C is given as 30 years. What is the age difference between A and B?Solution
Let the present ages of A, B and C be βaβ, βbβ and βcβ years respectively.
According to the question,
a + b = 70 --- (1)
a: c = 9: 10 --- (2)
a + b + c = 90
c = 90 β 70 = 20 years
So, a = (9/10) Γ 20 = 18 years
So, b = 70 β 18 = 52 years
Required difference = 52 β 18 = 34 years
As per the Union Budget 2024-25, the Long-Term Capital Gains (LTCG) tax rate under sections 112A and 112 has been revised to _____
ABC Ltd operates at 80% capacity producing 16,000 units. The cost per unit is:
β’ Direct Material βΉ50
β’ Direct Labour βΉ20
οΏ½...
A firm evaluating two mutually exclusive projects uses NPV and IRR. Project A has higher NPV but lower IRR than Project B. Which project should be selec...
Which method in capital budgeting considers the time value of money but ignores cash flows beyond payback?
Which of the following budgets is considered the primary budget prepared in a business organization?
Project requires initial investment of βΉ10 lakhs. Annual cash inflows: Year1-βΉ2L, Year2-βΉ3L, Year3-βΉ4L, Year4-βΉ5L. Cost of capital 10%. NPV? (...
A service shall be a continuous supply of service agreed to he provided continuously or on recurrent basis under a contract when the period of service e...
Profitability Index less than 1 indicates:
According to IND AS 115, when can revenue be recognized?
Which capital budgeting technique ignores the time value of money?