Question
The question consists of two statements numbered
“I and II” given below it. You have to decide whether the data provided in the statements are sufficient to answer the question. In how many days, 10 men would complete a work? Statement I : 4 men and 6 women can complete same work in 20 days. Statement II : Number of days taken by 2 men to complete a work is same as number of days taken by 3 women for same work.Solution
From statement I: 4M + 6W = 20 --------(i) From Statement II: 2M = 3W--------(i) Combining statements, I and II, we will get the answer W = 2M/3 putting the value of W in equation i 4M + 6 × 2M/3 = 20 8M = 20 M = 20×8 10M = (20×8)÷ 10 = 16 days
Which IND AS governs accounting for insurance transactions in India?
Which of the following is an example of an intangible asset?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
A company makes the following purchases during a month: 100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for ₹12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of �...
Match the following:
Which of the following is NOT a type of insurance?
Expiration of cost of intangible assets is referred to as:
Zero-Based Budgeting (ZBB) requires:
Relevant for Exams: