Question
The average daily income of a daily wage worker, in the
month of February is Rs. 120. If his average income on 1st 12 days of the month is Rs. 80 and on last 14 days of the month is Rs. 120, then find his average income on remaining two days of the month.Solution
His total income in the month = 28 × 120 = Rs. 3360 His income of 1st 12 days = 12 × 80 = Rs. 960 His income in last 14 days = 14 × 120 = Rs. 1680 Therefore, his income in the remaining two days = 3360 – (960 + 1680) = Rs. 720 Required average = (720/2) = Rs. 360
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:
