Question
Mohit’s salary is ₹15,000 per month. He spends
₹5,000 on house rent, ₹2,000 on bills, and the rest of the amount is his monthly savings. Find his savings in a year, if in the month of his birthday he spent his complete monthly savings for birthday celebration.Solution
Given: Monthly salary = ₹15,000 Monthly expenses = ₹5,000 (house rent) + ₹2,000 (bills) = ₹7,000 Monthly savings = ₹15,000 - ₹7,000 = ₹8,000 But in 1 month (his birthday), he spends all his savings, so no savings that month. Savings for 11 months = 11×₹8,000=₹88,000
Under the Indian Contract Act, a collateral contract that involves an illegal object but is signed voluntarily by both parties is later disputed.
Which challenge was posed by Over-the-Top (OTT) services to the traditional Indian telecom services?
Maximum number of partners allowed in a partnership firm is:
Which of the following statement is true?
Minimum number of directors required in a public company is:
The registered office clause of memorandum of association contains
An "Agreement to sell" becomes a "Sale" when:
The doctrine of 'Ultra Vires' is applicable to:
What will be the P/V ratio for the firm with the following sales and profit during last two years:
Under the Companies Act, 2013, which document defines the relationship between the company and its members?
Relevant for Exams:
