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Let the original salaries of Ravi and Sumit be Rs 4x and Rs 5x respectively. According to the question, (4x + 6000)/(5x + 6000) = 35/40 ⇒ 160x + 240000 = 175x + 210000 ⇒ 15x = 30000 ⇒ x = 30000/15 = 2000 Current salary of Ravi = 4 × 2000 = Rs. 8000 Current salary of Sumit = 5 × 2000 = Rs. 10000 So, increased salary of Sumit = 10000 + 6000 = Rs. 16000 ∴ Sumit's increased salary is Rs. 16000.
While calculating equivalent completed/production units, which of the following statement is incorrect?
Under which of the following accounting systems, real & nominal accounts are ignored?
In which document of the company is the purpose or objective of its incorporation mentioned, as per the Companies Act?
_______ are denominated in GBP (Great Britain Pound) and issued in London. Issue proceeds can be used to fund UK operation.
Which one of the following documents is not considered as a negotiable instrument under the Negotiable Instrument Act, 1881?
From the following data calculate abnormal gain to be debited to process account.
Input introduced in process 1 = 2000 units
Output = 1900...
Which of the following is not regarded as advantage of computerized accounting system?
Calculate the cost of work uncertified if total cost incurred to date is Rs. 5,00,000 and cost of work certified is Rs. 3,00,000.
Under Section 146 of the Companies Act 2013, an auditor has a right to attend any general meeting:
ABC analysis is mainly used for:
