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The Rs.10,00,000-capital raised will appear in cash flow statements as a cash flow from financing activity. It will also appear as a contributed capital in owners’ equity. Both assets (cash) and equity (liabilities side of the balance sheet) increase in the balance sheet. The income statement is unaffected by these transactions
A chair listed at 550 is available at successive discounts of 25% and 10%. The selling price of the chair is
The cost price of article A and B is Rs. ‘X’ and Rs. (X + 480), respectively. Article A is sold at 20% profit while article B is sold at 10%...
A businessman buys some lemons at the rate of 2 for 1 rupee and the same number of lemons at the rate of 3 for 1 rupee. At what price should he sell all...
A, B and C started a business. Twice the investment of A is equal to thrice the investment of B and also five times the investment of C. If the total pr...
The cost of 3 pens, 8 pencils, and 12 erasers at a stationery shop is Rs 90. At the same shop, the cost of 5 pens and 8 erasers i...
A bought a laptop for Rs.20000. He spent 20% of the amount that he had paid for buying it for its repair. He then sold the laptop to B and earned a prof...
The combined cost price of two watches, 'P' and 'Q', amounts to Rs. 1,250. Watch 'P' is sold for a 20% profit, while watch 'Q' achieves an 18% profit. G...
A shopkeeper sold a school bag at a profit of 35%. Had he sold the school bag at 15% profit he would have earned Rs.148 less. Find the cost price of the...
A shopkeeper sells oranges at a price of ₹80 per orange for purchases up to 100 oranges. However, for every additional 10 oranges bought beyond 100, t...
A shopkeeper planned to sell 200 shirts each priced at Rs 2,240 in a particular year. Each shirt, if it had been sold at the mentioned price would have ...