Question
A vessel contains 200 litres of milk and water in the
ratio of 5:3. If 10 litres of milk is added to the mixture, then find the ratio of milk to water in the final mixture.Solution
The quantity of milk in the initial mixture = 200 × 5/8 = 125 litres The quantity of water in the initial mixture = 200 - 125 = 75 litres The ratio of milk to water in the final mixture = (125 + 10) : 75 = 135:75 = 9:5
Which IND AS governs accounting for insurance transactions in India?
Which of the following is an example of an intangible asset?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
A company makes the following purchases during a month: 100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for ₹12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of �...
Match the following:
Which of the following is NOT a type of insurance?
Expiration of cost of intangible assets is referred to as:
Zero-Based Budgeting (ZBB) requires:
Relevant for Exams: