Question
Cost price of a bag is Rs.600. The shopkeeper marked it
60% above the cost price and sold it after giving a discount of 20%. If the shopkeeper had sold it at a profit of 40%, then find the difference between original and new selling price of a bag.Solution
Original selling price of a bag = (160/100) × (80/100) × 600 = Rs.768 New selling price of a bag = (140/100) × 600 = Rs.840 Required difference = 840 – 768 = Rs.72
In a job order company, factory overheads are allocated using machine hours. Actual overhead = ₹5 lakh, standard overhead based on actual hours = ₹6...
Which Schedule of the Companies Act, 2013 deals with the general instructions for preparation and presentation of the final accounts of a company?
Wh ich of the following best describes "Drawing Power" in context to a Cash Credit facility given by a bank ?
What type of banking transaction allows customers to earn interest on their deposited funds and provides easy access to their money for daily expenses?
Which of the following is/are involved in Financial Management?
1. The process of acquiring and efficiently utilising financial resources
...
In a Bank Guarantee transaction, which parties are typically involved?
If the organization has redeemed its preference shares, then this transaction will be reflected in the Cash Flow Statement under which of the activities?
Which of the following represents ownership in a company?
CSR committee of a Board shall consists of ________.
Who among the following can issue Certificate of Deposits to raise short term resources?
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