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Credit sales: 6,00,000 * 90%= 5,40,000 Receivables turnover ratio given is 5 times Receivables turnover ratio = Net credit sales / Average receivables 540000/ Average receivables = 5 So, the average receivables will be = 108000 Average collection period = Total days in year / Average receivables turnover ratio 365/5 = 73 days
If the length of a rectangle is increased by 60%, what would be the percentage decrease (correct to the nearest integer) in the width to maintain the s...
A spent 23% of his monthly income on study and 44% of the remaining on rent. If amount spent on rent is Rs. 1694, then find the amount spent on study
Monthly income of P is Rs.14000 and his monthly savings is Rs.7500. If his monthly income is decreased by 30% and monthly expenditure is decreased by 25...
Sonu saves 15% of her income. If her income increases by 20% and she still saves the same amount as before, then what is the percentage increase in her ...
In a city, the number of persons travelling by bike is 22.5% the number of persons travelling by metro. The number of persons travelling on foot is 40% ...
In an exam, Rina scored 54% marks and failed by 80 marks whereas Tina scored 74% marks in the same exam and scored 60 marks more than the passing marks....
Total number of students in a class is 2160, and the ratio of number of boys to girls is 2:3. If the number of boys and girls is increased by b% and (b ...
Raj's income is ₹60,000 and his expenditure is ₹40,000. If his income is increased by 25% and expenditure by 15%, then what will be the percentage i...
A spent 33% and 22% of his monthly salary on food and rent, respectively. Of the remaining amount, he gave 20% and 40% to his mother and brother, respec...
In an election contested between two candidates, the winner won by 720 votes. If out of total votes polled, 20% were declared invalid, and out of the re...
