Question
Find the profit percentage earned on a school bag if it
was sold at Rs.1548 after offering a discount of 10% and the marked price of a school bag is Rs.430 more than its cost price.Solution
MP = (1548/90) x 100 = Rs.1720 CP = 1720 – 430 = Rs.1290 Profit = 1548 – 1290 = Rs.258 Profit% = (258/1290) x 100 = 20%
Under GST, the return that consolidates the details of all outward supplies, inward supplies, input tax credit, and tax liability for a tax period is:
Which of the following is NOT a component of calculating rate of return?
Investor A holds 42% of voting rights in TargetCo; the remaining shares are widely dispersed with no other holder above 3%. Investor A also has substant...
An insurer has outstanding claims at the start of the year ₹50 lakh. During the year, claims paid total ₹3 crore. At year-end, the estimated outstan...
Taxes that are levied on any Intra-State purchase are?
In relation to the Time Value of Money, the value of money received today is more than the value of money received after some time in the future due to ...
Tangible property to be consumed in production of goods or services or held for sale in the ordinary course of business is defined as:
Calculate debt to total assets ratio of the company?
Which of the following is not regarded as Time adjusted or Discounted Cash flows technique of capital budgeting?
Under Ind AS 116, which of the following is true for lessees?