Question
The cost price per kg of sugar types 'X' and 'Y' is Rs.
80 and Rs. 150 respectively. These are blended to form a mixture which is sold at Rs. 184 per kg gaining a profit of 60%. Find the ratio in which sugar of type 'Y' is mixed with sugar of type 'X'.Solution
ATQ,
Cost price of mixture = (184 / 1.6) = Rs. 115 Let 'm' kg and 'n' kg of sugar of type 'X' and 'Y' respectively be mixed. So, (80m + 150n) ÷ (m + n) = 115 Or, 80m + 150n = 115m + 115n Or, 35m = 35n Or, n : m = 35 : 35 = 1 : 1
The capital brought into the business is recorded in the capital account. As per the accounting process, what type of a ledger account is Capital account?
The portion of the uncalled capital, which can be called only at the time of winding up of the company, is known as:
 NPV is positive when:
It is the duty of the company to inform the Registrar of Companies within ________ days of the decision in case the Board of Directors decides to mainta...
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, what is the Margin of safety in Qty if the budgeted units are 1,00...
What is the primary purpose of GSTR-1 in the GST (Goods and Services Tax) system?
As per Section 127 of the Companies Act, 2013, in relation to punishment for failure to distribute dividends, where a dividend has been declared by a co...
Number of days in a month for purposes of computing taxable gratuity in case the employee is covered under the Payment of gratuity Act, 1972, are?
With respect to ESOP, which of the following statement is incorrect?
Financial accounting is mainly concerned with:
Relevant for Exams:
