Charan went to purchase an Apple i phone, the shopkeeper told him to pay 30% GST, if he asked the bill. Charan manages to get the discount of 10% on the actual selling price of the mobile and he paid the shopkeeper Rs. 36900 without GST. Besides he manages to avoid to pay 30% GST on the already discounted price, what is the amount of discount that he has gotten?
Let the cost Price be Rs. 100 Selling Price (with GST) = 130 New Selling Price = 100 -10 = 90 ∴ Effective Discount = 130 – 90 = 40 So, SP of 90 = Discount 40 And, Selling Price of 36900 ⟶ Discount = `(40/90)xx36900` = 16400
Activity Ratios are meant to indicate:
Section 28 to 44 D of the Income Tax Act, 1961 is related with:
Sales turnover and profit during two years were as follows.
In 2003:
Sales: Rs 1.40.000
Profit: Rs 15,000
In 2004:
<...OPC (One person company) shall file a copy of the duly adopted financial statements to the Registrar in _________.
The form of Annual Financial Statement and Demand for Grants shall be laid down to Parliament by whom?
What is the full form of ESOP?
The LN function in Ms Excel 2010 returns the ________.
Calculate the Proprietary Ratio of the company?
Which among the following is a Progressive Tax?
Section ________ of the Negotiable Instrument Act determines the rule of compensation, payable by any party liable to the holder or any endorser in case...