Question
A book is listed at Rs. 1200 and the discount offered is
10%. What additional discount must be given to bring the net selling price to Rs. 900?Solution
Marked price = Rs. 1200 After 1st discount = 90/100 × 1200 = 1080 Selling price = Rs. 900 Additional discount % = (1080-900)/1080 × 100 = 16*2/3%
The average due date technique of payment may be used:
Which of the following is NOT a business transaction?
a. Bought furniture of ₹20,000 for business
b. Paid for salaries of employees ₹5...
ARP is a manufacturing concern. It came to you with the following details to know its profit:
Variable Cost: ₹ 50,000
Fixed Cost ₹ 20,...
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What banking transaction involves the exchange of one currency for another at the prevailing exchange rate?
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X & Y share profits in the ratio of 1: 4. Z has been admitted with ½ shares in profits. What will be the new profit sharing ratio of the partners?Â
 Internal auditor is removed and appointed by which among the following?
A company has EPS ₹10 and number of shares 1,00,000. Net profit is:
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