Question
An elephant can do a work as fast as two horses ‘A’
and ‘B’ can do it by working together. If horse ‘A’ alone can complete the work in 6 hours and horse ‘B’ in 12 hours, then find the time taken by elephant to complete the work.Solution
Let the total work = 12 units Efficiency of horse who can complete the work in 6 hours = 12/6 = 2 units/hour Efficiency of horse who can complete the work in 12 hours = 12/12 = 1 units/hour Therefore, time taken by both horses to complete the work together = 12/(2 + 1) = 4 hours Therefore, time taken by the elephant to complete the work = 4 hours
If Current Ratio is 2.5:1 and Working Capital is ₹1,50,000, what are Current Assets?
A firm’s EBIT is ₹20 lakh and interest is ₹5 lakh. What is interest coverage ratio?
Current ratio = 1.5 and current assets = ₹3,00,000. Current liabilities are:
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