Question
In an election with two candidates, the winner secured
66% of the valid votes and won by a margin of 1440 votes. How many valid votes did the losing candidate receive?Solution
Let the total number of valid votes cast = '100x' Then, number of valid votes received by the winning candidate = 100x X 0.66 = '66x' Number of valid votes received by the loser candidate = 100x - 66x = '34x' According to the question, 66x - 34x = 1440 Or, x = 1440 ÷ 32 = 45 So, number of valid votes received by the loser candidate = 34 x 45 = 1530
Which of the following statements is INCORRECT?
The SARFAESI Act also provides for the establishment of ARCs regulated by RBI. What is the full form of ARC?
Gamma Textiles Ltd. manufactures a single product with the following cost structure:
• Selling Price per unit: ₹500
• Variable Cost ...
Bank A/c is generally maintained in the ___?
While calculating the claim outstanding at the end, which claims are considered?
Depreciation is applicable to:
How much amount of exemption is allowed for gratuity if received at the time of retirement?
Which of the following is a benefit of e-Commerce?Â
According to the Standards of Auditing, the "Documentation" aspect is dealt with:
A general insurance company reports the following:
• Premium earned: ₹100 crore
• Claims paid: ₹70 crore
• Claims outstan...