Question
Without stoppage, a train travels a certain distance
with an average speed of 100 km/h, and with stoppage, it covers the same distance with an average speed of 80 km/h. On an average, how many minutes per hour does the train stop during the journey?Solution
Due to stoppage, it covers 20 km less. Time taken to cover 20 km = 20/100 × 60 = 12 min.
Financial management is generally concerned with the procurement, allocation and control of financial resources of a concern. Its objectives can be:
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Read the following information to answer the below questions:Â
With respect to Job Costing, which of the following statement is incorrect?
The profit is 50% on sales. What is its percentage on cost?