Question
Monthly income of 'P' is twice the monthly income of
'Q'. 'Q' spends 65% of his income in a month while saves Rs. 9800. Monthly income of 'R' is 20% more than that of 'P' and 'P'spends 78% of his income. If 'R' saves 28% of his income then determine the difference between the savings of 'P' and 'R'.Solution
ATQ, Income of QΒ = 9800/0.35 = Rs. 28000 Income of P = 2 Γ 28000 = Rs. 56000 Saving of P = 0.22 Γ 56000 = Rs. 12320 Income of R = 1.2 Γ 56000 = Rs. 67200 Saving of R = 0.28 Γ 67200 = Rs. 18816 Required difference = 18816 β 12320 = Rs.6496
Journal entry is not made for which of the following?
What is the journal entry for charging Depreciation under Cost Method?

What is the primary goal of zero-based budgeting?
Which of the following is an example of capital expenditure?
Window dressing implies which among the following?
Process costing is suitable for
A company reports the following transactions for the year ended 31st March 2025:
β’ Equity Share Capital increased by βΉ4,00,000 (including βΉ...
A private company wants to issue shares to selected individuals through a private placement. Which section of the Companies Act, 2013 governs this process?
An audit which is authorized, governed and made compulsory under law is known as:
Supply of goods packed and transported with insurance. This is a..........