Question
Profit percentage received on a product when sold for
Rs. 650 is equal to the percentage loss incurred when the same product is sold for Rs. 330. Find the selling price of the product if the shopkeeper wants to have a profit of 30%.Solution
Let, the cost price of the article be Rs. x According to the question, 650 – x = x – 330 Or, 2x = 980 Or, x = 490 Selling price of the product at profit of 30% = 490 × 1.3 = Rs. 637
A software company enters into a ₹10 lakh contract including installation and training. Installation is ₹8 lakh and training ₹2 lakh. Installation...
The first Annual General Meeting of the company shall be held ______________
Which metric is commonly used to evaluate a company’s operational efficiency?
A project has IRR of 14% and NPV of ₹5 lakhs at 10% cost of capital. If cost of capital rises to 16%, what will happen to NPV?
Auditor notes that the company has accumulated losses exceeding net worth, but management claims recovery. What should auditor consider?
Under what circumstances must Reporting Entities (REs) obtain the Aadhaar number from an individual during the Customer Due Diligence (CDD) process?
An insurance company earned gross premium of ₹120 crore, of which ₹20 crore was unearned at year end. Claims incurred were ₹65 crore. Calculate th...
Which of the following account has a Credit Balance?
Read the following information to answer the below questions:Â
All shares in respect of which dividend has not been paid or claimed for seven consecutive years or more shall be transferred by the company to ______
Relevant for Exams:
