Question
The marked price of an article is Rs. 13,400, and it is
sold at a 12% discount. The profit made on selling the article is Rs. 1,060. What is the cost price of the article?Solution
ATQ,
Selling price of article = 0.88 × 13,400 = Rs. 11,792
Therefore, cost price of article = 11,792 - 1,060 = Rs. 10,732
Which of the following statements about Internet Relay Chat (IRC) is correct?
A project reports an Internal Rate of Return (IRR) of 14%, and the cost of capital is 10%. However, the Net Present Value (NPV) at 10% is shown as ₹0....
Which of the following best reflects the core principles of information security?
When a customer deposits a check into their bank account, what type of transaction is taking place?
As per the Companies Act, 2013, Sections _____ provide for the qualifications, disqualifications, appointment, removal, rights, duties and liabilities o...
If a long-term investment suffers a permanent decline in value, how should it be accounted for under AS 13?
Which accounting concept requires that expenses be matched with revenues?
The Debt Service Coverage Ratio (DSCR) is a key metric used by lenders to assess a company's ability to service its debt. It is calculated as:
A share is quoted at Rs. 60. An investor expects the company to pay a dividend of Rs. 3 per share, one year from now. The expected price of share after ...
IRR is a rate at which
Relevant for Exams:
