Question
In 5 years from now, the ratio of ages of P and Q will
be 9:5. If age of P after 15 years is 150% more than age of Q 10 years ago, find the difference between their current ages.Solution
ATQ,
Let ages of P and Q five years hence be 9x and 5x years respectively ATQ: 9x + 10 = 2.5(5x β 10) β 9x + 10 = 12.5x β 25 β 3.5x = 35 β x = 10 Desired difference = (9x β 5) β (5x β 5) = 4x = 4 Γ 10 = 40 years
A company has βΉ10,00,000 10% Redeemable Preference Shares. These are redeemed at 10% premium out of fresh equity issue of βΉ6,00,000 and balance from...
Under which section of the Income Tax Act, 1961, is the term "person" defined?
Which of the following is not regarded as advantage of computerized accounting system?
From the following particulars furnished by Mr X residing in Delhi, find the taxable amount of HRA. Basic Salary (per annum) is βΉ 3,00,000, House Rent...
Gratuity shall be payable to an employee on the termination of his employment after he has rendered continuous service for not less than ______, except ...
Loans up to how much qualify as micro loans under the Credit Guarantee Fund for Micro Units (CGFMU)?
A private company wants to issue shares to selected individuals through a private placement. Which section of the Companies Act, 2013 governs this process?
XYZ Ltd. presented the following summary for the year ended 31st March 2024: Net Profit before tax βΉ18 lakh, depreciation βΉ2 lakh, gain on sale of f...
Which form is used for preparing the Profit and Loss Account of an insurance company carrying out life insurance business under the IRDA Regulations, 2002?
The objective of ______ is to prescribe principles for determination and presentation of earnings per share which will improve comparison of performance...