Question
In a box there are 6 red, 12 blue, and 18 yellow cards.
One card is picked up randomly. What is the probability that it is neither red nor yellow?Solution
Total number of cards = 6 + 12 + 18 = 36 Let E= event that the card drawn is neither red nor yellow = event that the card drawn is blue. ∴ n(E) =12 ∴ P(E) = 12/36 = 1/3
As an auditor you came across a situation where related party transactions have taken place. Which AS deals with it?
What is the charging section under CGST Act, 2017
How much amount of exemption is allowed for gratuity if received at the time of retirement?
Calculate the number of employees in the beginning and at the end of the year from the following information.
Labor turnover rate = 2%
No....
The DuPont Analysis uses the following ratios except:
Which of the following functions are not performed by servers?
A company values inventory at lower of cost and NRV. Cost per unit = ₹150, NRV per unit = ₹140. For 5,000 units, calculate value as per Ind AS 2.
ABC Ltd., a manufacturing company, undertook a series of transactions during the financial year 2024–25. It purchased a new plant worth ₹1,000 lakh ...
If net profit is ₹1,20,000 and total sales is ₹8,00,000, what is the Net Profit Margin, as per Vertical Analysis?
Find the gross profit based on the following information.
Opening stock ₹10,000
Credit purchase ₹50,000
Cash purchase ₹60,000...