Question
Four mobile phones are kept on display in a mobile
shop. The price of the costliest mobile phone is nine times the cost of the cheapest mobile phone. The price of the second most costly mobile phone is Rs. 62,000 which is 25% more than the mobile phone which costs more than only one phone. If the total cost of the cheapest and the costliest mobile phone is 1,04,250, then find the average of all the mobile phones. ÂSolution
Average of all the phones= (10425+49600+62000+93825)/4 Â = 215850/4 = 53962.5
For Goods Transport Organisation, which of the cost will be regarded as Fixed or Standing Charges?
Which of the following is a key principle of the "Canon of financial propriety"?
A agrees to sell his horse to B if it wins the race tomorrow. The horse dies during the race. What is the nature of the contract?
Drawings made by an owner belongs to:
If a company has a foreign branch, how are its financial statements translated as per AS 11?
Assuming that the discount rate is 7% per annum, how much would one pay to receive ₹500, growing at 5%, annually, forever?Â
A provision for onerous contract is:
An entity sells a factory building held for 20 years. The legal title transfer occurs on 30 September; economic control passed and risks transferred on ...
A company has average account receivables of Rs 120000 and annual credit sales of Rs 600000, Calculate the average collection period (assume number of d...
What is the maximum limit of gratuity payable, under the Payment of Gratuity Act, 1972?
Relevant for Exams:
