Ind AS are notified by which of the following?
Ind AS, short for Indian Accounting Standards, are notified by the Ministry of Corporate Affairs (MCA). These standards are converged with the International Financial Reporting Standards (IFRS) to enhance the comparability of financial statements of Indian companies globally. The MCA has the authority to issue and enforce these standards for companies in India. Other options like MoF, SEBI, RBI, and ICAI, although significant in the financial regulatory framework, do not have the authority to notify Ind AS.
A purchased an article for Rs 1560. She sold the article at 10% profit. She then added Rs 325 to the amount received and purchased a purse such t...
A bag of cost price of Rs. 10000 is marked up by a certain percentage, and a discount percent of twice the markup percent is offered on it. If there is ...
By selling an article for 2640, a person loses 15% of its selling price. At what price (in RS) should he sell it to gain 15% on its cost price?
A grocer purchased 10 kg rice for Rs.700. He spends some amount on transportation and then sells it for Rs.1,400. If the percentage of profit made by th...
Marked price of an article is Rs.380 more than its cost price. If profit earned is equal to the discount given then find the profit earned?
If a man purchases kismis at Rs.320 per kg and sells it at Rs 6 per 25 grams. then his profit/loss percentage is:
A shirt is marked 20% above the cost price and sold after a discount of Rs.104 at Rs.400. Find the cost price of the shirt.
Mina sold 25 lamps at a profit of 20%. If she had sold all the lamps for Rs. 2500 more, her overall profit would have been 40%. What is the selling pric...
A shopkeeper marked an article P% above its cost price and sold it for Rs. 748.8 after giving a discount of 28%. If the shopkeeper had a loss of 6.4% on...
A shopkeeper sold an article at profit of 10%. Had he bought it at 10% less and sold it for Rs. 3 more, then he would have earned a profit of 25%. Find ...
