Question
Eight men and five boys together earn ₹3,240 in 6
days. Meanwhile, three men and two boys working together take 12 days to earn ₹2,484. How many days will it take for five men and four boys to earn ₹1,476?Solution
Amount earned by (8 men + 5 boys) in 1 day = 3240/6 = Rs. 540….. (1)
Amount earned by (3 men + 2 boys) in 1 day = 2484/12 = 207….. (2)
On solving equation (1) and (2), we get
Amount earned by a man in 1 day = Rs. 45
Amount earned by a boy in 1 day = Rs. 36
Therefore, number of days taken by (5 men + 4 boys) to earn Rs. 1476 = 1476/{(5 × 45 + 4 × 36)} = 4 days
Offences Committed under the Negotiable Instruments Act can be ________.
For the financial year ended 31st March 2023, the figures extracted from the balance sheet of ABC Ltd. are as under:
Opening stock 29,000 Closing...
What best describes a Bank Guarantee?
The 'Wealth Maximization' objective of financial management is considered superior to 'Profit Maximization' because it considers:
What is the minimum duration for which a small account can remain operational after opening without furnishing an Officially Valid Document (OVD)?
Under the PMEGP scheme, what is the maximum project cost permitted in the manufacturing sector?
A company reports an Earnings Before Interest and Tax (EBIT) of ₹6,00,000. It pays annual interest of ₹1,00,000 on its borrowings. The applicable co...
Which of the following is NOT a direct party to a Letter of Credit (LC)?
The Going Concern concept assumes that the business:
The price sensitivity of the market is an important factor of ________ element of micro environment.
Relevant for Exams:
