Question
A product is marked at ₹1,200. If a discount of 20% is
offered, and then a tax of 10% is applied on the discounted price, what is the final price paid by the customer?Solution
Discount = 20% of 1200 = 0.20 * 1200 = ₹240. Selling price after discount = 1200 - 240 = ₹960. Tax = 10% of 960 = 0.10 * 960 = ₹96. Final price = 960 + 96 = ₹1,056. Correct answer: A) ₹1,056
In the Indian debt market, which of the following is a key intermediary that guarantees the subscription of a bond issue?
A company invests in listed equity shares held for trading purposes. As per Ind AS 109, how should these be measured?
Which of the following is classified as financing cash flow?
__________ of an assessee determines the scope of chargeability of his/her income.
A company has fixed costs of ₹80,000, variable cost per unit ₹40, and selling price per unit ₹60. What is the break-even sales (in units)?
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 ...
According to Payment of Bonus (Amendment) Rules, 2019, Every employer shall, on or before the ______ in each year, upload unified annual return in Form ...
__________ guides how to account for taxes on income.
Which of the following is not permitted in a Small Account under RBI’s KYC Directions?
Which financing instrument is commonly used to bridge the gap between senior debt and equity in project financing?
