Question
What is the single discount equivalent to the successive
discounts of 10%, 20%, and 15%?Solution
Given - 10%, 20%, and 15% successive discount of the first two- =10+20-(10×20)/100 =30-2 =28% so now 28%and 15% =28+15 -(28×15)/100 =43-4.20 = 38.8%
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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): �...
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Which of the following is a real (or permanent) account?
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