Question
25 kg of rice βA is purchased for Rs. 4/kg while 30 kg
of rice βBβ is purchased for Rs. 10/kg. If the mixture of the both types of rice is sold at Rs. 10/kg, then find the profit/loss incurred to the seller.Solution
Total cost price = 25 Γ 4 + 30 Γ 10 = Rs. 400 Total selling price = (25 + 30) Γ 10 = Rs. 550 Profit earned = 550 β 400 = Rs. 150
Ashutosh is a horse dealer. Tausif approaches Ashutosh for a horse. Ashutosh lends a horse which he knows to be vicious, to Tausif. Ashutosh doesn't dis...
With respect to standard costing, which of the following statement is incorrect?
Which of the following is/are involved in Financial Management?
1. The process of acquiring and efficiently utilising financial resources
...
The Article of a company may be altered by _____________
What is the primary purpose of a Bank Guarantee?
The 4Cs approach often mentioned in cluster development refers to:
A contingent liability should be disclosed when:
In relation to trend analysis, which of the following statements is/are correct?
Statement-1: The trend analysis of ratios indicates whether the ...
Zero-based budgeting means:
A repair parts inventory for claim servicing includes slow-moving items. NRV has fallen for some SKUs, while others have long lead times. Can management...