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Let the C.P. of an article be Rs. x. According to the question, 120% of C.P. + 8 = 130% of C.P. ⇒ 130% of x – 120% of x = 8 ⇒ 10% of x = 8 ⇒ 10/100 × x = 8 ⇒ x = 80 Original C.P. of 16 article = 16x ⇒ Required C.P. = 16 × 80 ⇒ Required C.P. = Rs. 1280 ∴ The original cost price of 16 such articles is Rs. 1280
The term "Goods" under GST does not include:
Donation received by Non-Profit Organization for constructing college library is called:
Transactions are posted into Ledger Account from
Which of the following statements are true or false?
(i) Direct material cost: Cost of the material that can be directly allocated to a cost cent...
Which type of insurance contract provides a guaranteed payout to the policyholder regardless of the occurrence of the insured event?
Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:
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Which of the following sectors does NOT apply operating costing technique?
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The costs which were incurred in the past and ignored under capital budgeting are known as_____.Â
