Question
A, B, and C together can complete the assignment in 8
days. B and C together take (48/5) days, and C alone completes half in 8 days. Find the ratio of the efficiency of A to B.Solution
1/A + 1/B + 1/C = 1/8 C alone complete the whole work = 8 × 2 = 16 days B and C together = (48/5) days ⇒ rate = 5/48 1/A = 1/8 – 5/48 = (6 – 5)/48 = 1/48 1/B = 5/48 – 1/16 = (5 – 3)/48 = 2/48 = 1/24 A alone complete the work = 48 days B alone complete the work = 24 days Required ratio = (1/48) : (1/24) = 1 : 2
Which accounting standard governs the treatment of inventories in India?
A bill of ₹50,000 discounted @12% p.a. for 3 months. Bank discount = ?
Accounts relating to income, revenue, gain expenses, and losses are termed as:
When a bill is discounted with the bank, the party that bears the loss if the bill is dishonored at maturity is the:
The party who is entitled to receive the payment of a bill of exchange is called the:
Noting charges are recoverable from:
CSR stands for
When a bill is dishonored, the drawer's account is debited in the books of the drawee because:
A bill of exchange for ₹40,000 was discounted with the bank for ₹39,500. The amount of discount charged is:
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.4,00,000 and Income tax rate is 30%, what will be the op...
Relevant for Exams:
