The average cost price of 14 pens (having equal cost price) decreased by Rs.2, when one of the pen is replaced by a new pen having cost price of Rs.80. Find the cost price of the pen that was replaced.
Let the cost price of each pen be Rs.x So, cost price of 14 pens = Rs.14x According to the question, => (14x – x + 80)/14 = x – 2 => 13x + 80 = 14x – 28 => x = 108 Therefore, the cost price of the pen that was replaced is = Rs.108
Preference shareholders can vote on all the resolutions placed before the company if________________
What is the maximum limit to the number of members in a private company?
Residential Status of a Person is determined for
Cash withdrawn by the proprietor from the business for his personal use’ causes
Salary received by the Partner of a Firm is charged under the head
_________________ is a brief summary of a prospectus filed before the registrar and contains all the salient features of a prospectus
The books of account of every company relating to a period of __________________ immediately preceding a financial year together with the vouchers rele...
First Auditor of a company is appointed by the ________________________
When is a prospectus called a Red-herring prospectus?
GAAP stands for:
