Question
A shirt is marked 20% above the cost price and sold
after a discount of Rs.100 at Rs.476. Find the cost price of the shirt.Solution
Let the cost price of the shirt be Rs.x. Marked price = Rs.1.2x According to question, => 1.2x – 100 = 476 => 1.2x = 576 => x = Rs.480
Which of the following is an example of capital expenditure?
Which of the following statement is incorrect?
Depreciation is applicable to:
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
When a bank chooses the wrong strategy or follow a long-term business strategy which might lead to its failure, it is called
Which of the following is true about stock options granted to employees (share-based payments) under Ind AS 102?
Omega Ltd. has idle capacity and receives a special export order for 2,000 units at ₹420 per unit. Normal price = ₹500. Unit variable cost = ₹350....
Which banking transaction involves the transfer of funds from one bank account to another electronically, often used for paying bills or making purchases?
A firm extends credit from 30 to 60 days to push sales, increasing receivables by ₹5 crore. Cost of capital is 12%. What is the annual carrying cost?
What are the reasons for differences between the bank balance and book balance?
Relevant for Exams:
