Question
A shopkeeper sells an item at a profit of 25% and
dishonestly uses a weight that is 30% less than the actual weight. Find his total profit%.Solution
ATQ,
Let CP of 1 kg = Rs. 100 So, he should sell at Rs. 125 (because of 25% profit). But he gives only 700g, which costs him Rs. 70, and sells it for Rs. 125. So, total profit = 125−70 = Rs.55 Now calculate profit% on cost:
Personal Disposable Income refers to:
Planning first and the most important function of management. Which of the following is not a type of plan?
Training is seen as only a cost by those organisations employing?
The focus on teaching concepts related to transforming global impact is related to which of the following school of management?Â
When can interest realized on NPAs be taken to the income account?
If the Opening Debtors were Rs.50,000 and Closing debtors are Rs.40,000, what effect will it have on the cash flow statement?
Mission Vatsalya is an umbrella scheme aimed at providing child protection services across India. It focuses on various aspects of child welfare, includ...
What is one of the criteria for Urban Co-operative Banks (UCBs) to be considered for inclusion in the Second Schedule to the Reserve Bank of India Act, ...
______________shall require licence from the Authority to set up a Banking Unit in an International Financial Services Centre as per Rule 3 of the IFSCA...
As per which convention, trivial transactions can be ignored?