Question
If the ratio of the ages of Karan and Saroj is 5 : 7. 8
years ago, the ratio of their ages was 2 : 3. Find the present age of Saroj?Solution
Let the present age of Karan be 5x and that of Saroj be 7x. As per the question, (5x-8)/(7x-8) = 2/3 ⇒ 3(5x-8) = 2 (7x-8) ⇒ 15 x - 24 = 14x - 16 ⇒ 15x - 14x = 24 - 16 Solving for x, we get x = 8. ∴ Present age of Saroj is 8 × 7 = 56 years.
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 _________