Question
For an electric bill for Rs 50,000, what is the
difference between a discount of 30% and two successive discounts of 26% and 5%?Solution
Electric bill after discount =50000×70/100 =35000. Now electric bill after successive discount =50000×74/100×95/100 =35150 Difference in bill =35150-35000 =150
Financial Instruments such as Call Money, commercial paper, Bills of exchange, T-Bills, are traded in which of the following market?
Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:
Inventory is disclosed in financial statements under:
- Mr. A has the following incomes during the year:
- Income from Salary: ₹4,00,000
- Income from House Property (net after deductions): �...
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
Why should test data prepared during the implementation phase of a program be preserved in information system?
Calls in arrear is shown in Balance Sheet as?
What does ERP stand for?
Which of the following is a real (or permanent) account?
What is the primary function of the National Payments Corporation of India (NPCI)?
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