Let C.P. = x Rs ∴ When SP = Rs. 72,000, profit = 72,000 – x And when SP = Rs. 60,000, Loss = x – 60,000 72,000 – x = 2( x – 60,000) ⇒ 72,000 – x = 2 x - 1,20,000 ⇒ 1,92,000 = 3 x ∴ x = 64,000
A supply comprising of two or more supplies shall be treated as the supply of that particular supply that attracts the highest rate of tax.
How can we find out the Net Realizable Value on account of Inventory as per the applicable Accounting Standard for valuation of Inventory?
X acquired a car on hire purchase basis and made a down payment of Rs. 1,00,000. Subsequent payments to be made are Rs. 2,63,000, Rs. 1,85,000, and Rs. ...
Section 64VA(1) of the Insurance Act specifies a criteria related to sufficiency of assets that every insurer and re-insurer should at all times maintai...
Who has propounded the Theory Z?
Advance amount received from customers is not considered as sale. It is based on which concept?
Which person is not entitled for bonus under The Payment of Bonus Act, 1965?
Which of the following is NOT an advantage of Bonus issue by a company?
Which among the following deals with Accounting for Inventories?
Amount paid for stationery during 2022-23 ₹ 80,000
Creditors for Stationery on March, 31, 2023 ₹ 7,...