An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the payback time? (A) 5 years (B) 7 years (C) 12 years (D) 10 years

An investment of Rs. 100 lakhs is to be made for construction of a plant, which will take two years to start production. The annual profit from the operation of the plant is Rs. 20 lakhs. What will be the payback time? (A) 5 years
(B) 7 years
(C) 12 years
(D) 10 years
by

1 Answer

Answer :

(B) 7 years
by

Related questions

The total investment in a project is Rs. 10 lakhs and the annual profit is 1.5 lakhs. If the project life is 10 years, then the simple rate of return on investment is (A) 15% (B) 10% (C) 1.5% (D) 150%

Description : The total investment in a project is Rs. 10 lakhs and the annual profit is 1.5 lakhs. If the project life is 10 years, then the simple rate of return on investment is (A) 15% (B) 10% (C) 1.5% (D) 150%

Last Answer : (C) 1.5%

A company has to choose between two projects whose cash flows are as indicated below; Project 1: i. Investment – Rs. 15 Lakhs ii. Annual cost savings – Rs. 4 lakhs. iii. Bi-annual maintenance cost – Rs. 50,000/- iv. Reconditioning and overhaul during 5th year: 6 lakhs v. Life of the project – 8 years vi. Salvage value – Rs. 5 lakhs Project 2: vii. Investment – Rs. 14 Lakhs viii. Annual cost savings – Rs. 3.5 lakhs. ix. Annual Maintenance cost – Rs. 20,000/- x. Reconditioning and overhaul during 4th year: 5 lakhs xi. Life of the project – 8 years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Description :  A company has to choose between two projects whose cash flows are as indicated  below; Project 1:  i. Investment - Rs. 15 Lakhs ii. Annual cost savings - Rs. 4 lakhs. iii. Bi-annual ... years xii. Salvage Value- 2 lakhs Which project should the company choose? The annual discount rate is 12

Last Answer : Year Project 1 Project 2 Outgo Saving NPV Outgo Saving NPV 0 15.0 0 =-15.0 14.0 0 = -14 1 0 4.0 = (4 / (1+.12)1 = 3.571 0.2 3.5 = (3.3 / (1+.12)1 = 2.95 2 0.5 4.0 = (3.5 / (1+.12)2 = 2.79 0.2 3.5 ... (1+.12)8 = 3.43 0.2 5.5  (3.5+2) = (5.3 / (1+.12)8 = 2.14 NPV = + 2.301 @12% = + 0.15

Francis and George started a business with investments of Rs.7000 and Rs.10000. After x months, Francis left. After two more months David joined the business with an investment of Rs.10000. If the annual profit is shared among David, Francis and George in the ratio 10:7:24, find the respective time periods of David, Francis and George for which they stayed that year. a)5:5:12 b)1:1:3 c)1:1:4 d)1:1:2

Description : Francis and George started a business with investments of Rs.7000 and Rs.10000. After x months, Francis left. After two more months David joined the business with an investment of Rs.10000. If the annual profit is shared among David, ... which they stayed that year. a)5:5:12 b)1:1:3 c)1:1:4 d)1:1:2

Last Answer : a)5:5:12

P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another Rs 18 lakh few years. At the end of 10 years profit Of R is equal to sum of profit of P and Q. Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11

Description : P,Q, R enter into a partnership.P initially invests Rs 54 lakh and withdraws Rs 18 lakhs after 4 years. Q initially Rs 72 lakh ans adds another Rs 18 lakhs after 6 years and R invests Rs 108 lakh and adds another ... Then for how many years did R invests Rs 126 lakh per annum A) 5 B) 7 C) 8 D) 11 

Last Answer : Answer: C) Ratio of their profit P, Q, R is 54*4+36*6:72*6+90*4:108*x+126*(10-x) =12:22:35 - 0.5x Profit of R=profit of P +profit of Q 35-0.5x=12+22 X=2 year The number of years for R invests Rs 126 lakh =10-2=8years

Maintain 850 OC for 1 hour (soaking time).  Cool the material to 60 OC in 4 hours. a) Calculate the efficiency of the furnace, if the specific heat of steel is 0.12 kcal/kgOC and fuel oil consumption per batch is 1400 litres.  GCV of fuel oil - 10200 kcal/kg,  Cost of fuel oil - Rs. 46,000/kL,  Sp. gr. of fuel oil - 0.92. b) Due to high cost of oil, the plant management decides to convert to a lower operating cost LPG fired furnace lined on the inside with ceramic fibre insulation and with an operating efficiency of 80%, for same requirement. The investment towards installation of the new furnace is Rs. 50 lakhs. Calculate the Return on Investment, if the plant operates two batches per day and 250 days in a year.  Cost of LPG - Rs. 75/kg,  GCV of LPG - 12500 kcal/kg.

Description : In a heat treatment shop, steel components are heat-treated in batches of 80 Tons. The  heat treatment cycle is as follows;  Increase temperature from 30 OC to 850 OC in 3 hours.  ... efficiency of 80%, for same requirement. The investment towards installation of  the new furnace is Rs. 50

Last Answer : Quantity of steel treated per batch - 80 Tons a. Efficiency of Furnace: Useful heat supplied to steel - 80000 x 0.12 x (850 - 30)   = 7872000 kcal/batch .1 mark Total heat ... = Rs. 64400/batch Efficiency of new LPG furnace - 80% Heat supplied in new LPG furnace - 7872000/0.8

An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was? A. Rs. 2, 96,200 B. Rs. 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Description : An investor invested a sum of Rs. 12 lakhs in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment ... 2, 42,200 C. Rs. 2, 25,600 D. Rs. 2, 16,000 E. None of these

Last Answer : C. Rs. 2, 25,600

X, Yand Z enter into a partnership by investing in the ratio of 6 : 4: 8. After 1 year, Y invests another Rs. 540,000 and Z, at the end of 2 years, also invests Rs.540,000. At the end of three years, profit is are shared in the ratio of 6 : 8 : 10. Find initial investment of Z. A) 7,20,000 B) 8,80,000 C) 6,50,000 D) 5,50,000.

Description : X, Yand Z enter into a partnership by investing in the ratio of 6 : 4: 8. After 1 year, Y invests another Rs. 540,000 and Z, at the end of 2 years, also invests Rs.540,000. At the end of three years, profit is ... 10. Find initial investment of Z. A) 7,20,000 B) 8,80,000 C) 6,50,000 D) 5,50,000. 

Last Answer : Answer: A) Let the initial investments of X, Yand Z be Rs. 6x, Rs. 4x and Rs. 8x respectively. Then, (6x * 36) : [(4x * 12) + (4x + 540000) x 24] : [(8x * 24) + (8x +540000) x 12]=6:8:10 ... =3/4 => 864x = 432x + 38880000 => 432x = 19440000 x=90000 Z's initial investment = 8x = Rs. 7,20,000.

A and B enter into a partnership. A contributes Rs. 16,000 and B Rs. 12,000. At the end of 6 months C joins them with a capital of Rs. 20,000. In what ratio should they divide their annual profit? a) 8:6:5 b) 4 :3 :5 c) 5:6:8 d) 5:3:4 e) 5:7:8

Description : A and B enter into a partnership. A contributes Rs. 16,000 and B Rs. 12,000. At the end of 6 months C joins them with a capital of Rs. 20,000. In what ratio should they divide their annual profit? a) 8:6:5 b) 4 :3 :5 c) 5:6:8 d) 5:3:4 e) 5:7:8

Last Answer : a) 8:6:5

The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Description : The upper limit of investment in plant and machinery for small-scale industries has been fixed currently at - (1) Rs. 35 lakhs (2) Rs. 45 lakhs (3) Rs. 60 lakhs (4) Rs. 1 crore

Last Answer : (4) Rs. 1 crore Explanation: The upper limit of investment in plant and machinery for small-scale industries has been fixed at Rs. one crore.

Wipro is the leading IT company then the profit earned by same organization is distributed among HR and officers in the ratio of 13:7 respectively. If the number of HR is 104 and the number of officers is 156 and the amount received by HR is Rs 6000. What was the total amount of profit earned (in lakhs )?

Description : Wipro is the leading IT company then the profit earned by same organization is distributed among HR and officers in the ratio of 13:7 respectively. If the number of HR is 104 and the number of officers is ... amount received by HR is Rs 6000. What was the total amount of profit earned (in lakhs )?

Last Answer : Total amount distributed among 104 HR’s= Rs. 104*6000 =Rs. 624000 Let the amount distributed to 156 officers be x Then 624000/x = 13/ 7 Then x = Rs, 336000 The total profit = Rs. 624000+336000= Rs. 9.6lakhs

Three friends A, B and C started a business by investing a sum of money in the ratio of 5 : 7 : 6. After 6 months C withdraws half of his capital. If the sum invested by ‘A’ is Rs 40,000, out of a total annual profit of Rs 33,000, C’s share will be a) Rs 9,000 b) Rs 12,000 c) Rs 11,000 d) Rs 10,000 e) None of these

Description : Three friends A, B and C started a business by investing a sum of money in the ratio of 5 : 7 : 6. After 6 months C withdraws half of his capital. If the sum invested by A' is Rs 40,000, out of a total annual ... share will be a) Rs 9,000 b) Rs 12,000 c) Rs 11,000 d) Rs 10,000 e) None of these

Last Answer : Answer: A Sum invested by A , B and C is 5 * 12:7 * 12:6 * 6 + 3 * 6 or 60 : 84 : 54 or 10 : 14 : 9 :: Share of C = ( 9 / 33 ) * 33000 = Rs. 9000

An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by the investor? A. Rs. 5, 94,550 B. Rs. 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Description : An investor invested Rs. 5 lakhs in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by ... . 5, 80,425 C. Rs. 5, 77,800 D. Rs. 5, 77,500 E. None of these

Last Answer : B. Rs. 5, 80,425

The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40

Description : The profit of a company (whose capital is divided into 25‚000 shares of Rs. 10 each) for the last three years are : Rs. 50‚000; Rs. 60‚000 and Rs. 40‚000. The fair return on investment is taken at 10% p.a. The value of company’s share will be– (A) Rs. 10 (B) Rs. 20 (C) Rs. 30 (D) Rs. 40

Last Answer : Answer: Rs. 20

In a business, X,Y and Z inversed Rs.20,000/-,Rs.30,000/- and Rs.40,000/- respectively. After 1 year X adds Rs.10000/- to the initial investment.Y and Z withdrew Rs.10000/- and Rs.15,000/- respectively. After 2 years the total profit is Rs.9900/-. What is X’s share?. A) 3000 B) 2700 C) 3600 D) 4000

Description : In a business, X,Y and Z inversed Rs.20,000/-,Rs.30,000/- and Rs.40,000/- respectively. After 1 year X adds Rs.10000/- to the initial investment.Y and Z withdrew Rs.10000/- and Rs.15,000/- respectively. After 2 years the total profit is Rs.9900/-. What is X’s share?. A) 3000 B) 2700 C) 3600 D) 4000

Last Answer : Answer: A)  X's Share = Rs.20000/- per first 1 year, Next year 10000/- added = Rs.20000/- 1 + Rs.30000/- 1 = Rs.50000/- Y's Share = Rs.30000/- per first 1 year, Next year 10000/- reduced = Rs.30000 ... /-  1 part------> Rs300/- Then, X's share is 10 parts = Rs.300/- 10 parts = Rs.3000/-

Payback period (A) And economic life of a project are the same (B) Is the length of time over which the earnings on a project equals the investment (C) Is affected by the variation in earnings after the recovery of the investment (D) All (A), (B) and (C)

Description : Payback period (A) And economic life of a project are the same (B) Is the length of time over which the earnings on a project equals the investment (C) Is affected by the variation in earnings after the recovery of the investment (D) All (A), (B) and (C)

Last Answer : (B) Is the length of time over which the earnings on a project equals the investment

An HFC is required to have Minimum net owned fund of ______ A. Rs. 100 lakhs B. Rs. 200 lakhs C. Rs. 500 lakhs D. Rs. 1000 lakhs E. None of the Above

Description : An HFC is required to have Minimum net owned fund of ______ A. Rs. 100 lakhs B. Rs. 200 lakhs C. Rs. 500 lakhs D. Rs. 1000 lakhs E. None of the Above

Last Answer : D. Rs. 1000 lakhs Explanation: For commencing the housing finance business, an HFC is required to have the following in addition to the requirements under the Companies Act, 1956: ♦ Certificate of registration from NHB ♦ Minimum net owned fund of Rs. 1000 lakhs

The cost of replacement of inefficient chiller with an energy efficient chiller in a plant was Rs. 10 lakh .The net annual cash flow is Rs 2.50 lakh .The return on investment is: a) 18% b) 20% c) 15 % d) none of the above

Description : The cost of replacement of inefficient chiller with an energy efficient chiller in a plant was Rs. 10 lakh .The net annual cash flow is Rs 2.50 lakh .The return on investment is: a) 18% b) 20% c) 15 % d) none of the above

Last Answer : d) none of the above

The payback method for the measurement of return on investment (A) Gives a correct picture of profitability (B) Underemphasises liquidity (C) Does not measure the discounted rate of return (D) Takes into account the cash inflows after the recovery of investments

Description : The payback method for the measurement of return on investment (A) Gives a correct picture of profitability (B) Underemphasises liquidity (C) Does not measure the discounted rate of return (D) Takes into account the cash inflows after the recovery of investments

Last Answer : (C) Does not measure the discounted rate of return

In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P? A. Rs.9 lakh B. Rs.11 lakh C.Rs. 12 lakh D.Rs.18 lakh E. None of these

Description : In 2000, a part of Rs. 30 lakhs was invested in Company P and the rest was invested in Company Q for one year. The total interest received was Rs. 2.43 lakhs. What was the amount invested in Company P? A. Rs.9 lakh B. Rs.11 lakh C.Rs. 12 lakh D.Rs.18 lakh E. None of these

Last Answer : D.Rs.18 lakh

R, an assessee carries on business in respect of which it holds tenancy rights. It carries out improvements to the said building at a cost of Rs. 2 lakhs and claims depreciation @ 10% thereon. Which one of the following is the correct answer? a) No depreciation will be available, on the grounds that the assessee is not the owner of the building b) Depreciation will be allowed of Rs.20 thousand c) Deduction will be allowed of Rs. 2 Lakh d) The amount of Rs.2.2 lakh will be capitalized

Description : R, an assessee carries on business in respect of which it holds tenancy rights. It carries out improvements to the said building at a cost of Rs. 2 lakhs and claims depreciation @ 10% thereon. Which one of ... Deduction will be allowed of Rs. 2 Lakh d) The amount of Rs.2.2 lakh will be capitalized

Last Answer : b) Depreciation will be allowed of Rs.20 thousand

The upper limit of investment in plant and machinery for smallscale industries has been fixed currently at (1) 35 lakhs (2) 45 lakhs (3) 60 lakhs (4) 1 crore

Description : The upper limit of investment in plant and machinery for smallscale industries has been fixed currently at (1) 35 lakhs (2) 45 lakhs (3) 60 lakhs (4) 1 crore

Last Answer : 1 crore

An investment pays Rs.300 annually for five years, with the first payment occurring today. The present value of the investment discounted at a 4% annual rate is approximately __________. a) Rs.1336 b) Rs.1389 c) Rs.1625 d) Rs.1925

Description : An investment pays Rs.300 annually for five years, with the first payment occurring today. The present value of the investment discounted at a 4% annual rate is approximately __________. a) Rs.1336 b) Rs.1389 c) Rs.1625 d) Rs.1925

Last Answer : b) Rs.1389

Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8

Description : Hemant sold 10 sarees for a total profit of Rs. 460 and 12 sarees for a total profit of Rs. 144. At what profit per saree should he sell the remaining 20 sarees so that he gets an average profit of Rs. 18 per sarees? A. Rs 7.10 B. Rs 7.60 C. Rs 7.99 D. Rs 8

Last Answer : Answer – B (Rs 7.60) Explanation – Total profit required = Rs.(42 x 18) = Rs.756 Profit on 22 sarees = Rs. (460 + 144) = Rs. 604 Profit on 20 sarees = Rs. (756 – 604) = Rs. 152 Average profit on these sarees = Rs.(152/20) = Rs. 7.60

The retrofitting of a variable speed drive in a plant costis Rs 0.5 lakh. The maintenance cost is Rs. 5,000/year. The return on investment is a) 25% b) 22.5% c) 24% d) 27.5%s Rs 2 lakh. The annual savings

Description : The retrofitting of a variable speed drive in a plant costs Rs 2 lakh. The annual savingsis Rs 0.5 lakh. The maintenance cost is Rs. 5,000/year. The return on investment is a) 25% b) 22.5% c) 24% d) 27.5%

Last Answer : b) 22.5%

A limited company makes a net profit of Rs. 2,00,000 after writing off preliminary expenses amounting to Rs. 20,000 and providing for depreciation on assets amounting to Rs. 40,000 and gain of Rs. 10,000 on sale of a piece of machinery. What are the funds from operation ? (A) Rs. 2,00,000 (B) Rs. 2,40,000 (C) Rs. 2,50,000 (D) Rs. 2,60,000

Description : A limited company makes a net profit of Rs. 2,00,000 after writing off preliminary expenses amounting to Rs. 20,000 and providing for depreciation on assets amounting to Rs. 40,000 and gain of Rs. 10,000 on sale of a piece of ... 2,00,000 (B) Rs. 2,40,000 (C) Rs. 2,50,000 (D) Rs. 2,60,000

Last Answer : Answer: Rs. 2,50,000

The cash inflows and (outflows) associated with a project are as follows: At start (120000) , Year1-40000, Year2-50000, Year3-60000, Residual Value(at the end of 3rd year)-20000. The payback period for this project would be: A 2 years and 3 months. B 2 years and 6 months. C 3 years. D 2 years.

Description : The cash inflows and (outflows) associated with a project are as follows: At start  (120000) , Year1-40000, Year2-50000, Year3-60000, Residual Value(at the end of 3rd  year)-20000. The payback period for this project ... 2 years and 3 months.  B 2 years and 6 months.  C 3 years.  D 2 years.

Last Answer : B 2 years and 6 months.

A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Description : A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Last Answer : Suppose B invested Rs. x for y months. Then, A invested Rs.3x for 2y months. So, A : B = (3x × 2y) : (x × y) = 6xy : xy = 6 : 1 So, B’s profit : total profit = 1 : 7 Let the total profit be Rs. x. Then, 1 / 7 = 40000 / x Or x = 28000. Answer: d)

HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner. The amount so received on maturity of the policy a. fully exempt under section 10(10D) b. 50% of rupees 75 lakh is exempt c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

Description : HSK, an LLP has taken keyman insurance policy on the life of its managing partner. The policy got matured on 13th September 2017 and an amount of rupees 75 lakhs was paid by the insurers to the Managing partner ... c. rupees 75 lakh is taxable d. rupee 25 lakh is exempt and Rs 50 lakh is taxable

Last Answer : c. rupees 75 lakh is taxable

X, Y, Z started a business with their investment in the ratio of 4/5: 4/7: 5/9, after 6months. X has withdrawn half of his investment. Also X will get 30% of profit for being an active partner. At the end of a year total profit earned was Rs. 54750. Then find the total profit earned by Y and Z? A) 25200 B) 28600 C) 25010 D) 26867

Description : X, Y, Z started a business with their investment in the ratio of 4/5: 4/7: 5/9, after 6months. X has withdrawn half of his investment. Also X will get 30% of profit for being an active partner. At the ... Rs. 54750. Then find the total profit earned by Y and Z? A) 25200 B) 28600 C) 25010 D) 26867

Last Answer : Answer: C) Let investment of X, Y, Z be 4/5 x,4/7x &5/9 x =>252x, 180x & 175x Profit ratio of X, Y, Z is 252x*6+126x*6:180x*12 :175x *12 =189:180:175 Active partner X's amount= ... 30/100 =Rs.16425 Remaining profit =54750-16425 =Rs.38325 Total profit earned by Y*Z= 38325*355/544 =Rs. 25010

A project has a Profitability Index of 1.30. What does it mean? A.The NPV is less than zero B.The payback period is more than one year C.That the project returns Rs 1.30 for every Re 1 invested in the project D.That IRR is 1.30 times that of the Hurdle Rate

Description : A project has a Profitability Index of 1.30. What does it mean?  A.The NPV is less than zero B.The payback period is more than one year  C.That the project returns Rs 1.30 for every Re 1 invested in the project  D.That IRR is 1.30 times that of the Hurdle Rate

Last Answer : C.That the project returns Rs 1.30 for every Re 1 invested in the project

Two people abi and krish invested in a business with 7 lakh and 8 lakh rupees respectively. They agree that 46% of the profit should be divided equally among them and rest is divided between them according to their investment. If krish got Rs. 2100 more than abi, Then the total profit is, A) 55000 B) 56000. C) 58333 D) None

Description : Two people abi and krish invested in a business with 7 lakh and 8 lakh rupees respectively. They agree that 46% of the profit should be divided equally among them and rest is divided between them according to their ... more than abi, Then the total profit is, A) 55000 B) 56000. C) 58333 D) None

Last Answer : Answer: C)  Ratio of profit abi and krish is,  =>7:8  46% of then profit should be divided equally among them, remaining share is 54% of x  Abi share =54/100 * x * 7/15  Krish share =54/100 * x* 8/15  54/100 * x * 8/15 - 54/100 * x* 7/15 =2100  X =58333

Mano, kajal, kavin enter into partnership. Mano invests some money at the beginning kajal invests double the amount for 8 months and kavin invests thrice the amount for 10 months. If the annual profit be Rs.35000 then kavin’s share is approximately A) Rs. 17567 B) None C) Rs. 12985 D) Rs. 19274

Description : Mano, kajal, kavin enter into partnership. Mano invests some money at the beginning kajal invests double the amount for 8 months and kavin invests thrice the amount for 10 months. If the annual profit be Rs.35000 then kavin’s share is approximately A) Rs. 17567 B) None C) Rs. 12985 D) Rs. 19274

Last Answer : Answer: B) Let mano’s investment be Rs x Then Ratio of capitals = (x*12) : (2x:8) : (3x*10) = 12x : 16x : 30x = 6:8: 15 Kavin’s share = Rs.(35000*15/29) = Rs.18103.

What is the prize money given with Rajiv Gandhi Khel Ratna? (1) Rs. 1.50 lakh (2) Rs. 2 lakhs (3) Rs. 3 lakhs (4) Rs. 5 lakhs

Description : What is the prize money given with Rajiv Gandhi Khel Ratna? (1) Rs. 1.50 lakh (2) Rs. 2 lakhs (3) Rs. 3 lakhs (4) Rs. 5 lakhs

Last Answer : Rs. 5 lakhs

An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be (A) 1000 (1 + 0.1/4)20 (B) 1000 (1 + 0.1)20 (C) 1000 (1 + 0.1/4)5 (D) 1000 (1 + 0.1/2)5

Description : An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be (A) 1000 (1 + 0.1/4)20 (B) 1000 (1 + 0.1)20 (C) 1000 (1 + 0.1/4)5 (D) 1000 (1 + 0.1/2)5

Last Answer : (A) 1000 (1 + 0.1/4)20

Appointment of full time Company Secretary is compulsory in all those companies, whose paidup share capital is– (A) Rs. 50 lakhs or more (B) Rs. 1 crore or more (C) Rs. 2 crores or more (D) Rs. 3 crores of more

Description : Appointment of full time Company Secretary is compulsory in all those companies, whose paidup share capital is– (A) Rs. 50 lakhs or more (B) Rs. 1 crore or more (C) Rs. 2 crores or more (D) Rs. 3 crores of more

Last Answer : Answer: Rs. 2 crores or more

A noodles merchant buys two varieties of noodles the price of the first being twice that of the second. He sells the mixture at Rs 17.50 per kilogram thereby making a profit of 25% . If the ratio of the amounts of the first noodles and the second noodles in the mixture is 2:3, then the respective costs of each noodles are A) Rs 20, Rs 10 B) Rs 24, Rs 12 C) Rs 16, Rs 8 D) Rs 26, Rs 13 E) NONE

Description : A noodles merchant buys two varieties of noodles the price of the first being twice that of the second. He sells the mixture at Rs 17.50 per kilogram thereby making a profit of 25% . If the ratio of the amounts of the first noodles ... , Rs 10 B) Rs 24, Rs 12 C) Rs 16, Rs 8 D) Rs 26, Rs 13 E) NONE

Last Answer : Answer: A

A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Description : A man sells two flats at the rate of Rs. 2 lakhs each. On one he gains 3% and on the other, he loses 3%. His gain or loss % in the whole transaction is A. 9% loss B. 2% loss C. 3% loss D. 25% loss

Last Answer : Answer – A (0.09% loss) Explanation – Loss% = X^2/100=(3)^2/100 % =0.09%

.What is the sum between money spent on bonus by these two companies? a) Rs.72 lakhs b) Rs.62 lakhs c) Rs.60 lakhs d) Rs.65 lakhs e) None of these

Description : .What is the sum between money spent on bonus by these two companies? a) Rs.72 lakhs b) Rs.62 lakhs c) Rs.60 lakhs d) Rs.65 lakhs e) None of these

Last Answer : e) None of these

If an investment of Rs. 42,000 in Rs. 300 shares of a company, paying a dividend of 7%, results in an annual income of Rs. 2100, then find the market

Description : If an investment of Rs. 42,000 in Rs. 300 shares of a company, paying a dividend of 7%, results in an annual income of Rs. 2100, then find the market

Last Answer : If an investment of Rs. 42,000 in Rs. 300 shares of a company, paying a dividend of 7%, results ... . 2100, then find the market value of each share.

Find the annual income derived from an investment of Rs. 18,000 in Rs. 150 shares available at Rs. 180 of a company paying 11% dividend.

Description : Find the annual income derived from an investment of Rs. 18,000 in Rs. 150 shares available at Rs. 180 of a company paying 11% dividend.

Last Answer : Find the annual income derived from an investment of Rs. 18,000 in Rs. 150 shares available at Rs. 180 of a company paying 11% dividend.

A minimum yearly deposit of ________ is required to open and maintain a PPF account, and a maximum deposit of _____. A. Rs. 500 and Rs 1.50 lakhs B. Rs. 1000 and Rs 2.50 lakhs C. Rs. 2000 and Rs 3.50 lakhs D. Rs. 5000 and Rs 4.50 lakhs

Description : A minimum yearly deposit of ________ is required to open and maintain a PPF account, and a maximum deposit of _____. A. Rs. 500 and Rs 1.50 lakhs B. Rs. 1000 and Rs 2.50 lakhs C. Rs. 2000 and Rs 3.50 lakhs D. Rs. 5000 and Rs 4.50 lakhs

Last Answer : A. Rs. 500 and Rs 1.50 lakhs Explanation: A minimum yearly deposit of Rs. 500 is required to open and maintain a PPF account, and a maximum deposit of Rs.1.5 lakhs (as on Financial year 2015- ... Income Tax Act. The amount can be deposited in lump sum or in a maximum of 12 instalments per year.

Mr. X, the manager of XYZ Ltd. since 2002, was terminated by the Company on 1st Aug 2017 y paying a compensation of Rs.200 Lakhs. Such Compensation is: a) Chargeable under the Wealth tax Act 1957 b) Not Chargeable under Income Tax Act c) Chargeable u/s 17(3)(i) d) Chargeable u/s 28(ii)(a)

Description : Mr. X, the manager of XYZ Ltd. since 2002, was terminated by the Company on 1st Aug 2017 y paying a compensation of Rs.200 Lakhs. Such Compensation is: a) Chargeable under the Wealth tax Act 1957 b) Not Chargeable under Income Tax Act c) Chargeable u/s 17(3)(i) d) Chargeable u/s 28(ii)(a)

Last Answer : d) Chargeable u/s 28(ii)(a)

A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years using sinking fund depreciation method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

Description : A reactor having a salvage value of Rs. 10000 is estimated to have a service life of 10 years. The annual interest rate is 10%. The original cost of the reactor was Rs. 80000. The book value of the reactor after 5 years ... method will be Rs. (A) 40,096 (B) 43,196 (C) 53,196 (D) 60,196

Last Answer : D) 60,196

If Opening Stock – Rs.15,000 Purchases – Rs.37,500 Direct Expenses – Rs.1,500 Closing Stock – Rs.7,500 Operating Expenses – Rs.3,000 Sales are Rs. 60,000 during the year, what is the net profit ? (A) Rs. 12,000 (B) Rs. 10,500 (C) Rs. 7,500 (D) Rs. 3,000

Description : If Opening Stock – Rs.15,000 Purchases – Rs.37,500 Direct Expenses – Rs.1,500 Closing Stock – Rs.7,500 Operating Expenses – Rs.3,000 Sales are Rs. 60,000 during the year, what is the net profit ? (A) Rs. 12,000 (B) Rs. 10,500 (C) Rs. 7,500 (D) Rs. 3,000

Last Answer : Answer: Rs. 10,500

Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs. What is the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67

Description : Reshma purchased 120 chairs at price of Rs. 110 per chair. He sold 30 chairsat a profit of Rs. 12 per chair and 75 chairs at profit of Rs. 14 per chairs. The remaining chairs were sold at a loss of Rs. 7 per chairs ... the average profit per table? A. Rs 10.56 B. Rs 10.87 C. Rs 12.123 D. Rs 12.67 

Last Answer : Answer – B (Rs 10.875) Explanation – Total C.P = Rs. (120 x 110) =Rs. 13200. Total S.P = Rs.[(30 x 110 + 30 x 12) + (75 x 110 + 75 x 14) + (15 x 110 – 15 x 7) =Rs..14505 Average profit = Rs. (14505 – 13200) /120 = Rs. 1305/120= 10.875

P, Q, R enter in business partnership. P invests some money at the beginning, Q invests thrice times the amount after 4 months and R invests 6 times the amount after 8 months. If the annual profit be Rs 61260, R's share is A) 41700 B) 45870 C) 47860 D) 40840

Description : P, Q, R enter in business partnership. P invests some money at the beginning, Q invests thrice times the amount after 4 months and R invests 6 times the amount after 8 months. If the annual profit be Rs 61260, R's share is A) 41700 B) 45870 C) 47860 D) 40840

Last Answer : Answer: D)  Let initial investment of P be X  Q’s initial investment after 4 month is 3 X  R’s initial investment after 8 months is 6X  Profit ratio of P,Q&R is,  X*12:3x*4:6x*8=12:12:48=1:1:4  R’s share =61260*4/6=Rs.40840

X, Y, Z started a business by investing Rs.60,000, Rs.70,000 and Rs.80,000 respectively. Find the share of each out of an annual profit of Rs.28350 A) 8000, 9367, 11800 B) 8500, 9400, 11000 C) 8308, 9530, 10346 D) 8100, 9450, 10800

Description : X, Y, Z started a business by investing Rs.60,000, Rs.70,000 and Rs.80,000 respectively. Find the share of each out of an annual profit of Rs.28350 A) 8000, 9367, 11800 B) 8500, 9400, 11000 C) 8308, 9530, 10346 D) 8100, 9450, 10800

Last Answer : Answer: D) Ratio of shares = 60,000 : 70,000 : 80,000 = 6 : 7 : 8 A’s share = Rs(28350 *6/21) = Rs.8100 B’s share = Rs(28350 * 7/21) = Rs.9450 C’s share = Rs (28350* 8/21) = Rs. 10,800

A 2 tier system is prescribed by the 73rd Amendment Act, 1992 for states with population less than - (1) 10 lakhs (2) 5 lakhs (3) 20 lakhs (4) none of these

Description : A 2 tier system is prescribed by the 73rd Amendment Act, 1992 for states with population less than - (1) 10 lakhs (2) 5 lakhs (3) 20 lakhs (4) none of these

Last Answer : (3) 20 lakhs Explanation: 73rd Amendment Act, 1992 provides for 3-tier system of Panchayati Raj for all the states having population of over 20 Lakhs.

In a manufacturing industry, breakeven point occurs, when the (A) Total annual rate of production equals the assigned value (B) Total annual product cost equals the total annual sales (C) Annual profit equals the expected value (D) Annual sales equals the fixed cost

Description : In a manufacturing industry, breakeven point occurs, when the (A) Total annual rate of production equals the assigned value (B) Total annual product cost equals the total annual sales (C) Annual profit equals the expected value (D) Annual sales equals the fixed cost

Last Answer : (B) Total annual product cost equals the total annual sales