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Let, the marked price and the cost price of the article be Rs. x and Rs. y, respectively. So, 85% of 90% of x = 1989 x = Rs. 2600 Therefore, 162.5% of y = 2600 y = 1600 So, the cost price of the article = Rs. 1600
A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?
If revenue from operations is Rs.60,00,000 Gross Profit ratio is 60%, Operating expenses are Rs.40,000 and Income tax rate is 30%, what will be the Gros...
Refer to the following information to answer the next 4 questions.
_________ is NOT a part of Monte Carlo Simulation.
Which agreement is not opposed to public policy?
Any decrease in the bank balance is recorded on ______ side of Cash Book and in _______ Column of Pass Book.
___________ implies the overall market risk that affects all securities and cannot be diversified away.
Auditing begins where ______ ends.
Which of the following is an example of “tangible assets”?
What type of comparison involves assessing a company's financial ratios against its own historical performance?
