Question
A shopkeeper sold a school bag at a profit of 30%. Had
he sold the school bag at 15% profit he would have earned Rs.105 less. Find the cost price of the school bag.Solution
Let the cost price of the school bag be Rs.’x’ According to question, => 1.3x – 1.15x = 105 => 0.15x = 105 => x = 700 So, the cost price of the school bag is Rs.700.
As per Ind AS 1, comprehensive income includes:
Capital Reserve can be utilized for:
Select the most appropriate ANTONYM of the given word.
Perilous
Under which head in a company's Balance Sheet is "Unpaid Dividend" shown?
Which document shows changes in equity during the reporting period?
While preparing the statement of profit and loss, ABC Ltd. classifies its revenue from sale of products under “Other Income.” Is this in compliance ...
As per Schedule III of the Companies Act, 2013, "Securities Premium Reserve" is shown under:
Which of the following best describes capital work-in-progress (CWIP)?
Which of the following will not affect cash flows under indirect method when reconciling profit to net cash from operating activities?
Which of the following items is included in operating profit?