X invested Rs. 3600 at an annual simple interest rate of (a + 10)% and Rs. 2400 at an annual simple interest rate of a%. After 3 years, the total interest earned by X is Rs. 3780. Find the value of 'a'.
ATQ, 36 × (a + 10) × 3 + 24 × a × 3 = 3780 Or, 36a + 24a + 360 = 1260 Or, 60a = 900 Or, a = 15
A company reported net profit ratio of 5% and RoA of 9% on total assets of Rs.90 Lakh. What will be the Total Asset Turnover Ratio of the company?
Avinash Ltd needs approves to raise capital through rights issue to its existing shareholders in the ratio of 1:2. If, the market value of the share is ...
ABC Ltd had issued 20,000 debentures with FV of Rs.100 each, redeemable at 5% premium. Debenture holders have an option to convert 20% of redemption val...
A company foreited certain equity shares. These were re-issued later in the year. The profit on Forfeiture of these shares would be transferred to whic...
A company purchased 50,000 units of raw material at Rs.2 per unit. At what value will the raw material inventory be recorded in the books of accounts if...
What is the Current Ratio of JKL Ltd based on given information?
A company bought a new machinery worth Rs.4 lakh by issuing 10% Debentures of value Rs.160 were issued at a premium of 25%. How much amount is credited ...
A company paid Rs.15 lakh for a machine imported from Germany. The machine was tested at a cost of Rs.18,000. The company also spent on freight and inst...
As per Section 26(9) of Companies Act 2013, what is the amount of fine in case the prospectus is issued in contravention of the section related to matte...
Which of the following is an example of contract costing?