Question
From a well-shuffled deck of 52 cards, two cards are
drawn one after the other without replacement. What is the probability that the first card is a red ace and the second card is black?Solution
ATQ, Number of red aces in the pack = 2 Number of black cards in the pack = 26 Since 1st  card is not put back. So, the required probability: (2 C1 /52 C1 ) * (26 C1 /51 C1 ) = (2/52) × (26/51) = 1/51
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Ind AS 7 deals with which of the following:
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Net Profit after tax = 120000, tax rate = 50%, long term debt @10% = 1500000
