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Profit as per cash accounting will take into account all cash related transactions, irrespective of the year it relates to. Revenues on account means credit sale therefore, will be ignored since we are taking Cash basis of Accounting. As such cash profit = Cash sales – salaries paid in cash – tickets purchased = 70,000 – 50,000 – 11,500 = Rs.8500
In the question, assuming the given statements to be true, find which of the conclusion (s) among given three conclusions is /are definitely true and t...
Statements: E > F = G; H < I = F; J > I
Conclusions: I) J > G
II) E < J
III) H > E
Statements: O< V ≤ N = P < S, R = Z ≥ Y = X > O
Conclusions:
I. R > N
II. X > P
III. R > O
Statements:
B > C = Z ≥ Q ≥ O; X < C ≤ D < O
Conclusions:
I. O > X
II. B > O
Statements: H > N = F ≤ P ≤ T ≥ O ≥ E
Conclusions:
I. H < P
II. F > O
III. P ≥ E
Statements:
A < B ≤ T < Y = O; V < R > K ≥ F > O
Conclusions:
I). B < R
II). Y ≥ K
... In these questions, relationship between different elements is shown in the statements. The statements are followed by conclusions.
St...
Statement: K = B; D ≥ L ≥ T ≥ B
Conclusion: I. D > K II. D = K
Statements:
A ≤ P ≤ Q = M; Y ≥ L > A
Conclusions:
I. P ≤ L
II. L ˃ Y
In the question, assuming the given statements to be true, Find which of the conclusion (s) among given three conclusions is /are definitely true and t...
