Question
A milkman mixed milk and water in an empty container in
the ratio 14:9. The quantity of milk mixed was bought by the milkman at the rate of Rs. 25/litre. If he bought the total milk for Rs. 2450, then find the quantity of water mixed in the empty container.Solution
Quantity of milk mixed = 2450/25 = 98 litres So, quantity of water mixed = (98/14) × 9 = 63 litres
Calculate Cash ratio of the company?
The observation of people at work that would reveal the one best way to do a task is known as
Within how many days an employee can apply for gratuity from the date when gratuity becomes payable?
Within how many days a person should apply for registration?
Opening Stock          ₹ 17,000
Purchases              ₹ 61,400
Direct Expenses  �...
A company purchased machinery for ₹20,00,000 on 1st April 2022. Freight ₹1,00,000, Installation ₹50,000, Trial run expenses ₹30,000, and Loss du...
Shyam Ltd. acquired a new machinery for ₹ 1,00,000 that is depreciable at 20% as per AS 6 WDV method. The machine has an expected life of 5 years with...
What is the journal entry for purchasing Machinery from M/S Darjeeling?
Which of the following statements is FALSE with regard to working capital management?
Post-merger, the acquirer reports a goodwill of ₹120 crore, 40% higher than the net assets acquired. Upon impairment testing, only ₹10 crore is reco...