Question
The ratio of monthly savings to monthly expenditure of
Arjun is 6:5 respectively. If his savings increase by 25% while expenditure decreases by 20%, his new monthly income becomes 13800. Find Arjun’s original monthly expenditure.Solution
ATQ, Let original monthly savings and monthly expenditure of Arjun is Rs. 6x and Rs. 5x respectively. According to question; 1.25 Ă— 6x + 0.8 Ă— 5x = 13800 7.5x + 4x = 13800 11.5x = 13800 So, x = 1200 Desired answer = 5 Ă— 1200 = Rs. 6000
Goods costing ₹ 60,000 sold to Manish at a profit of 25% on sales less Trade Discount @ 5%.
Calculate the amount to be shown in Sales Account:
Calculate the Current ratio based on above information?
Calculate the Inventory turnover ratio of the company?
Calculate the receivables turnover ratio of the company?
In relation to appointment of auditors under the Companies Act, 2013, which of the following statements are correct?
(i) Section 129 of the Compa...
EBIT = ₹5,00,000; Interest = ₹50,000; Preference dividend = ₹25,000; Tax = 30%. Compute Financial Leverage.
Who generates contract on GeM?
AS-10 pertains to:
As per RBI guidelines, a “wilful defaulter” refers to a borrower or guarantor who has committed wilful default, provided the outstanding amount is a...
Money received against share warrant is shown under which head?