Question
Sandeep can solve 20 questions in 1 hour. If he
decreased his efficiency by 20%, then how much time would he take to solve the same number of questions?Solution
1 hour = 60 minutes Initial efficiency of Sandeep = 60 ÷ 20 = 3 minutes/question New efficiency of Sandeep = 60 ÷ (20 x 0.8) = 3.75 minutes/question So, time required to finish 20 questions = 3.75 x 20 = 75 minutes Alternate Solution Ratio of new efficiency to old efficiency = 0.8:1 = 4:5 Therefore, ratio of time taken now to ratio of time taken initially = 5:4 Required time taken = 60 x (5/4) = 75 minutes
What is the value of per unit of inventory if the firm uses absorption costing?
Direct material cost per unit = Rs.3
Direct Labour cost ...
Which of the following accounting rules can roughly estimate how many years a given sum of money must earn at a given compound annual interest rate in o...
Under the revised framework for Commercial Papers (CPs), what is the requirement for settlement of primary issuance of CPs in terms of time?
A person who is reliable, dependable, goal oriented and well organised is high on which of the following personality traits?
What is the primary objective of the Corporate Debt Market Development Fund (CDMDF), as per SEBI Annual Report 2023-24? Â
Management is considered both as science and art, because? Â
The penalties, fines, fees and settlement amounts shall be collected or realised in
Under the revised Basel III Capital Regulations, what is the maximum limit for which banks can obtain fresh credit ratings from the specified CRA for ba...
What is the key purpose of the Tariff Rate Quota (TRQ) mechanism as outlined in the RBI circular on the import of gold by TRQ holders?
As per the IFSCA Act the Authority shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as...
Relevant for Exams:
