Let cost price of the article is Rs. ‘x’ So, Selling price of the article = 0.75 × 1.4 × x = Rs. 1.05x According to question; ⇒ 1.05x – x = 80 ⇒ 0.05x = 80 ⇒ x = 1600 Desired Percentage = [(2016 – 1600)/1600] × 100 = 26%
A company reported net profit ratio of 5% and RoA of 9% on total assets of Rs.90 Lakh. What will be the Total Asset Turnover Ratio of the company?
What is the quorum required for a Board of Directors meeting according to Companies Act, 2013?
Which among the following acts lays down the law relating to payment of a customer's cheque by a banker and the protection available to a banker?
A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to whic...
A company purchased 50,000 units of raw material at Rs.2 per unit. At what value will the raw material inventory be recorded in the books of accounts if...
Which of the following is an example of contract costing?
What is the Current Ratio of JKL Ltd based on given information?
Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is ...
As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matte...
A company bought a new machinery worth Rs.4 lakh by issuing 10% Debentures of value Rs.160 were issued at a premium of 25%. How much amount is credited ...
