Question
2 assistants are as efficient as one senior officer. If 40
assistants prepare 100 reports in 5 days, how many senior officers are needed to prepare 100 reports in 2 days?Solution
ATQ,
Let the efficiency of each assistant be 'x' units/day
Efficiency of each officer = 2x units/day
Let the number of officers be 'm'
(40x × 5)/100 = (2x × m × 2)/100
⇒ 4m = 200
⇒ m = 50
Therefore, 50 senior officers are needed to complete the reports in 2 days.
A company has annual credit sales of ₹36 crore. Its trade receivables as on 31st March 2025 are ₹3.6 crore, of which ₹0.6 crore are more than 6 mo...
As per Section 165 of the Companies Act, 2013, no person, after the commencement of 2 this Act, shall hold office as a director, including any alternate...
An insurer has outstanding claims at the start of the year ₹50 lakh. During the year, claims paid total ₹3 crore. At year-end, the estimated outstan...
In light of Inventory Management, what does "VED" stand for?
During the loan appraisal process at banks, the term CMA Report refers to which of the following?
Which section deals with TDS on cash withdrawals?
What are the four generic business-level strategies that Porter identified?
Read the following information to answer the below questions:
Calculate the labour efficiency variance with the help of the following information.
1. Actual hours incurred - 1100 hr at an actual rate of ₹8...
Which method is used to account for foreign currency transactions at initial recognition under Ind AS 21?
Relevant for Exams:
