Question
A certain quantity of tea is purchased at Rs 5.75 per
kilogram and sold at a profit of 15%. If the total profit earned from the sale is Rs 69, what is the quantity of tea sold?Solution
Let the total quantity of tea = n kg
Total cost price of tea = Rs 5.75n and gain % = 15%
Gain = 5.75n x 15/100 = 69
n = 6900 / (15 x 5.75) = 80
What are the custodian’s asset servicing charges for Atal Pension Yojana (APY)?
 ABC Inc’s Income statement shows a sale of Rs 2000, COGS of Rs 800, Pre-Interest Operating Expenses of Rs 600 and Interest expenses of Rs 200. Int...
Which of the following is the major objective of Rashtriya Gram Swaraj Abhiyan?
Which of the following statement is incorrect with respect to provisions?
Which insurance firm recently launched Emerging Opportunity Fund, which will invest in mid-cap companies and emerging market leaders with the potential ...
Refer to the following Data.
Balance Sheet Amount (Rs.) Fixed Assets 3,00,000 Cash 60,000 Inventory 40,000 Total Assets 4,00,000Â Â Â Share Cap...
Which loan does not require the borrower to pay back during their lifetime?
Recently SEBI has issued a master circular on the redressal of investor grievances through the which of the following platform?
An asset bought at Rs.10 lakh was sold for Rs.4 lakh after 3 years. What is the depreciation charged on the asset per year as per straight line method?
What is the maturity period for Treasury Bills?
Relevant for Exams:
