Question
Suyash have total amount of Rs.2100 out of which, he
spent 15% on food, 40% of the rest on travelling. Out of remaining amount he spends Rs.400 on miscellaneous and saves the rest. Find the amount he saved.Solution
Amount spent on food = 0.15 x 2100 = Rs.315 Amount spent on travelling = 0.4 x (2100 โ 315) = Rs.714 His savings = 2100 โ (315 + 714 + 400) = Rs.671
The government securities market in India is regulated by _______
A company invests โน60,000 in a project that generates โน15,000 as net annual cash inflow. What is the payback period of the project?
Plant purchased for โน6,00,000. Depreciation for year = โน1,00,000. Closing balance of Plant = โน10,00,000. Opening balance was โน5,00,000. Calculat...
A company purchased machinery for โน50,00,000 on 1st April 2020. Installation cost was โน5,00,000. Residual value โน3,00,000, useful life 5 years. On...
EOQ (Economic Order Quantity) is a model used in inventory control to determine:
What is the maximum limit for insurance coverage provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC) in India?
The audit that is made compulsory under statute is called _________.
Net Working Capital (NWC) is defined as:
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024โ25. It purchased a new plant worth โน1,000 lakh ...
A company begins construction of a qualifying asset funded partly from general borrowings. Work was suspended for 5 months due to a strike. Should borro...