Question
Ajay on his birthday distributed on an average 9 toffees
per student. If on the arrival of the teacher and the headmaster to whom Ajay gave 16 and 22 toffees respectively, the average toffee distributed per head increases to 11.5, then what is the number of students among whom the toffees were distributed?Solution
Let’s assume that initial number of students be x. ∴ Number of toffees given to x students = 9x After the arrival of teacher and headmaster, total toffees distributed = 9x + 16 + 22 = 9x + 38 Now, the average becomes 11.5, ∴ 9x + 38 = 11.5 × (x + 2) ⇒ 9x + 38 = 11.5x + 23 ⇒ x = 6 ∴ The number of students among whom the toffees were distributed is 6.
A new project has total cost ₹200 crore. Promoter proposes equity ₹30 crore, unsecured loans from group ₹20 crore, and term loans ₹150 crore. Ba...
W hich of the following types of account best describes a “Provision for doubtful assets” account ?
A seasonal manufacturing unit submits a monthly cash budget showing peak cash deficits of ₹18 crore in August, ₹22 crore in September and ₹15 cror...
A doubtful asset (D1) has secured portion of ₹40 crore and unsecured portion of ₹20 crore. The secured portion has remained doubtful for less than o...
A project has IRR of 13%. Bank’s cost of funds is 8% and risk premium required is 4%. What is the correct credit decision?
A borrower submits stock of ₹150 crore and debtors of ₹100 crore. Ineligible items include obsolete stock ₹30 crore and debtors over 180 days ₹4...
Depreciation is charged as per which principle?
A s per which concept, total Notional profit should not be transferred to Profit and Loss Accounts but the portion of it should be kept in reserve to m...
An NPA of ₹25 crore is secured by land worth ₹18 crore, but property is under litigation for next 5 years. Borrower is not cooperating. What is the ...
Monthly cash deficits are: April ₹8 cr, May ₹12 cr, June ₹15 cr, July ₹10 cr. Promoter can bring ₹3 cr. What should be the Maximum WC limit?
Relevant for Exams:
