Question
A bag contains 20 rupees note, 50 rupees note and 100
rupees note in the ratio 5:7:2. If the total amount in the bag is Rs 2,600, find the average number of 20 rupees note and 50 rupee note.Solution
Ratio of values of the notes = 5 ×20∶7×50∶2 ×100 = 2:7:4 Value of 20 rupees note = 2600×2/13= Rs. 400 Value of 50 rupees note = 2600×7/13= Rs. 1400 Value of 100 rupees note = 2600×4/13= Rs. 800 Number of 20 rupees note = 400/20 = 20 Number of 50 rupees note = 1400/50 = 28 Number of 100 rupees note = 800/100 = 8 Average of 50 & 20 rupee note = (20+28)/2 = 24
We can say that the business is in profit, when:
Under Ind AS, impairment of an asset requires:
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
What best describes a Bank Guarantee?
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
There can be variety of budget. Name the budget which relates to a particular function of the business.
How many digits are there in a MMID code used for money transfer through mobile devices?
A budget that changes with the level of activity is a:
According to the capital-asset pricing model (CAPM), a security's required return is equal to the risk-free rate plus a premium. This premium is _____
Relevant for Exams:
