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Profit(Calculated on SP) = 22% of 48800 = 10736 Profit(calculated on CP) x + 11x/50 = 48800 61x/50 = 48800 x = 40000 Profit = 40000 X 11/50 = Rs. 8800 Difference = 10736 – 8800 = Rs. 1936
In risk management (Basel framework) advanced internal ratings-based (A-IRB) approach is used for measurement of?
Which of the following services is typically offered by merchant banks but not by traditional commercial banks?
A construction company receives advance from customer, against the contract of constructing a bridge. But the construction company does not take this to...
Determine the Economic Batch Quantity (EBQ) for the following data:
Annual requirement of parts: 36,000 units
Inventory holding cost: 20% ...
In which model of PPP does the private player operate and maintain the project while the ownership remains with the government?
Which of the following statements accurately distinguishes between a successful leader and an effective leader?
Which of the following statement is incorrect with regard to Resident SB a/c opened jointly with NRI close relative?
A.Cheques favouring the NRI ...
Which term best describes the measure provided by Accounting Ratios to assess a company's performance and condition?
State whether the following statements are true/false:
1 A fixed budget is prepared for only Range of activity.
2 A flexible budget is pre...
Which of the following statements best describes the relationship between the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006 , and ...