Question
Deepak sells all his goods available in his shop at the
cost price, but he cheats on his customers and gives 25% fewer goods than he should give. Find his % profit.Solution
Deepak gives goods =25% less. 25% =1/4 Original goods =4 unit                 after cheat = 3 Deepak steals 25% of the goods i.e. he gives 3 units of goods instead of 4 units of goods and takes a profit of one unit. =1/3×100=33.33%.
Which of the following is NOT a financial measure of divisional performance?
What is specifically required for conducting V-CIP (Video-Based Customer Identification Process) under RBI’s KYC framework?
As per the Nayak committee, what percentage of its annual projected turnover should an MSME get as working capital from a bank?
With respect to hire purchase and installment sale transactions, which of the following statement is incorrect?
After providing for ___________, Declaration of Dividends for the current year is made.
An expansionary (inflationary) gap occurs when:
An interface that allows user to store data in a two-tier architecture is known as _______.
AS 20 is related to:
Which of the following statements are true about input tax credit?
Statement 1: Input tax credit of SGST can be utilised for payment of SGST firs...
A shipping company is required by law to bring all ships into dry dock every five years for inspection and overhaul. What is the correct treatment for t...