Question
Ratio of number of book to number of pen sold by a
shopkeeper is 13:8, respectively while ratio of number of pen to number of pencil sold by the same shopkeeper is 4:13, respectively. If price of each book, each pen and each pencil is Rs. 40, Rs. 20, and Rs. 10 respectively then revenue generated by shopkeeper is Rs. 20700. Find the number of pen sold by shopkeeper.Solution
Let, number of book and number of pen sold by shopkeeper be 13x and 8x respectively. Number of pencil sold by shopkeeper = 11/4 × 8x = 22x So, 13x × 40 + 8x × 20 + 22x × 10 = 20700 ⇒ 520x + 160x + 220x = 20700 ⇒ 900x = 20700 x = 23 Number of pen sold by shopkeeper = 8x = 184
We can say that the business is in profit, when:
Under Ind AS, impairment of an asset requires:
How much percentage of salary is allowed for exemption in House rent allowance Section 10(13A) in case of metro city?
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
What best describes a Bank Guarantee?
Donation given by any person except by Indian company to Political Parties or Electoral Trust is allowed under which section?
There can be variety of budget. Name the budget which relates to a particular function of the business.
How many digits are there in a MMID code used for money transfer through mobile devices?
A budget that changes with the level of activity is a:
According to the capital-asset pricing model (CAPM), a security's required return is equal to the risk-free rate plus a premium. This premium is _____
Relevant for Exams:
