Question
Two bus tickets from city A to B and three tickets from
city A to C cost ₹ 77 but three tickets from city A to B and two tickets from city A to C cost ₹73. What are the fares for cities B and C from A?Solution
The correct answer is option (b) ₹13, ₹17 . Let the bus ticket from city A to B be Rs x. Let the bus ticket from city A to C be Rs y. 2x + 3y = 77 3x + 2y = 73 By solving both equations we will get values of x and y i.e. 13 and 17 respectively.
A company reports an EBIT (Earnings Before Interest and Tax) of ₹10,00,000. It incurs interest charges of ₹2,00,000. The company also pays a Prefere...
The acid-test (quick) ratio excludes:
If MOS = 50000 units and BE units are 35000, then what are the Budgeted Sales units?
Which of the following is typically excluded from EPS (earnings per share) basic calculation?
Refer the following summarized Balance Sheet of Roy Ltd. as on 31‐3‐2023:
A company has the following details:
• Net Profit: ₹12 lakh
• Equity: ₹60 lakh
• Debt: ₹40 lakh
• Interest: �...
Which of the following formulae correctly calculates the Operating Profit Margin?
A firm uses 70% debt financing at 10% interest. Its ROE rises despite flat operating profits. What explains this phenomenon?
A firm has sales of Rs. 50,00,000, variable costs of Rs. 30,00,000, and fixed costs of Rs. 10,00,000. It has debt of Rs. 20,00,000 at 10% interest. What...
If Current Ratio is 2.5:1 and Working Capital is ₹1,50,000, what are Current Assets?