Question
A woman sold an article for Rs 960 at some profit. If
she had sold it for Rs 800, there would have been a loss equal to 1/3 of the initial profit. What was the profit % of the article?Solution
given= P×1/3=L P/L=3/1 Now – 3+1=960-800=160 4=160 1=40 Then profit 3=40×3=120 CP=SP-Profit=960-120=840 Profit% of the article=120/840×100 =100/7% Â
Which of the following ratio is useful in evaluating credit and collection policies?
What is the "Indian Banks' Association (IBA)"?
According to the provisions of the Companies Act for issuing a red herring prospectus, which of the following statements is correct?
What will be the impact on the unsystematic risk of a portfolio as the number of stocks in a portfolio increases?
Depreciation is charged on __________ as per the ___________ of accounting.
Buffer stock’ is the level of stock
Which of the following is a type of pension plan where the employer agrees to pay a specified benefit to the employee upon retirement, based on a set fo...
Which of the following are not TRUE about CERSAI?
1.   CERSAI’s full form is Central Registry of Securitization Asset Reconstruction and ...
Which of the following is not a qualitative characteristic of accounting information?
Job ___________ is the process of describing jobs and arranging their interrelationships.