How many ford mustangs are sold each year?

How many ford mustangs are sold each year?
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Description : When shares of face value Rs.50 each are sold above par at Rs.10 premium, then the money required to buy 30 such shares it _______.

Last Answer : When shares of face value Rs.50 each are sold above par at Rs.10 premium, then the money required to buy 30 such shares it _______.

A shopkeeper sold certain articles. Cost price of each article and the number of articles sold are given below. Calculate the cost of libing index for

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Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Description : Ishath bought 15 pieces of [email protected],500/- each and sold all of them at the total price of Rs.81, 000/-. What is the percent profit earned in the deal? a) 18.66 b) 20 c) 25 d) 36 e) None of these

Last Answer : Total cost of 15 pieces of Mobiles= 15×4500 = Rs. 67500 Total Sales prices of 15 pieces of Mobiles= Rs. 81000 Profit% = 81000 – 67500 / 67500 × 100 = 13500/67500 × 100 = 20% Answer: b)

A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Description : A house and shop were sold for Rs. 1 lakh each. In this transaction the house sell resulted into 20% loss whereas the shop sell resulted into 20% of profit. The entire transaction resulted in: A. no loss no gain B. loss of Rs 1/12 lakh C. loss of Rs 4lakh D. gain of Rs 6lakh

Last Answer : Answer – B (loss of Rs. 1/12 lakh) Explanation – Total S.P = Rs. 2 lakh. C.P of house = Rs. (100/80 x 1)lakh = Rs 5/4 lakh C.P of shop = Rs. (100/120 x 1)lakh = Rs. 5/6 lakh Total C.P = Rs. (5/4 + 5/6)lakh = Rs. 25/12 lakh ∴ loss = Rs.(25/12 – 2)lakh = Rs. 1/12 lakh.

A man sells two flats for Rs. 8000 each. neither loosing nor gaining in the deal. If he sold one at a gain of 25%, the other commodity sold at a loss of: A. 50/3 % B. 18 /3% C. 25% D. 32%

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Last Answer : Answer – A (50/3 %) Explanation – Total S.P = 16000 Rs. and Total C.P = 16000 Rs. S.P. of Ist = Rs. 8000. Gain on it = 25% C.P of Ist = Rs. (100/125 x 8000) = Rs.6400 C.P of 2nd = Rs, (16000 – 6400) = Rs. 9600. S.P of 2nd = 8000. ∴loss on 2nd commodity = (1600/9600 x 100)% = 50/3%

Question: How much was the total sale of the company ? Statements: I. I.The company sold 8000 units of product A each costing Rs. 25. II. II.This company has no other product line. (a) statement (I) alone is sufficient (b) statement (II) alone is sufficient (c) Both statements (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Description : Question: How much was the total sale of the company ? Statements: I. I.The company sold 8000 units of product A each costing Rs. 25. II. II.This company has no other product line. (a) statement (I ... (I) and (II) together are not sufficient (d) Both statements (I) and (II) together are necessary

Last Answer : (d) Both statements (I) and (II) together are necessary

The Merchandise Inventory account is used in each of the following except the entry to record a. goods purchased on account. b. the return of goods purchased. c. payment of freight on goods sold. d. payment within the discount period.

Description : The Merchandise Inventory account is used in each of the following except the entry to record a. goods purchased on account. b. the return of goods purchased. c. payment of freight on goods sold. d. payment within the discount period.

Last Answer : c. payment of freight on goods sold.

f a company determines cost of goods sold each time a sale occurs, it a. must have a computer accounting system. b. uses a combination of the perpetual and periodic inventory systems. c. uses a periodic inventory system. d. uses a perpetual inventory sy

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In a perpetual inventory system, cost of goods sold is recorded a. on a daily basis. b. on a monthly basis. c. on an annual basis. d. with each sale.

Description : In a perpetual inventory system, cost of goods sold is recorded a. on a daily basis. b. on a monthly basis. c. on an annual basis. d. with each sale.

Last Answer : d. with each sale.

Which of the following is a true statement about inventory systems? a. Periodic inventory systems require more detailed inventory records. b. Perpetual inventory systems require more detailed inventory records. c. A periodic system requires cost of goods sold be determined after each sale. d. A perpetual system determines cost of goods sold only at the end of the accounting period.

Description : Which of the following is a true statement about inventory systems? a. Periodic inventory systems require more detailed inventory records. b. Perpetual inventory systems require more detailed inventory ... perpetual system determines cost of goods sold only at the end of the accounting period.

Last Answer : b. Perpetual inventory systems require more detailed inventory records.

Joseph bought two varieties of rice, costing 5 cents per ounce and 6 cents per ounce each, and mixed them in some ratio. Then he sold the mixture at 7 cents per ounce, making a profit of 20 percent. What was the ratio of the mixture? A) 1:10 B) 1:5 C) 2:7 D) 3:8 E) NONE

Description : Joseph bought two varieties of rice, costing 5 cents per ounce and 6 cents per ounce each, and mixed them in some ratio. Then he sold the mixture at 7 cents per ounce, making a profit of 20 percent. What was the ratio of the mixture? A) 1:10 B) 1:5 C) 2:7 D) 3:8 E) NONE

Last Answer : Answer: B 1) 20% profit at the price of 7 cents means that cost of the mixture should be 70/12 cents per ounce (7 = 120% and x = 100% => x = 7*100/120) 2) Let the amount of 5 cent rice will be x and the amount ... which as we know should equal to 70/12 3) (5x + 6y)/(x + y) = 70/12 => x/y = 1/5

Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is?

Description : Usha purchased 10 fans for Rs 1000 each. She spent Rs 4000 on the maintenance of all fans. She sold five of them for Rs 1500 each and the remaining for 1100 each. Then the total gain or loss % is? 

Last Answer : Total actual CP = Rs. (1000*10+4000)=Rs. 14000 Total Sp = Rs.(5* 1500+5*1100) =Rs. 13000 Loss= cp-sp=1000 Loss %= (1000/14000)*100 = 7.14%

Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

Description : Bhuvana bought 50 dozen of bangles at Rs5 per dozen. She spend Rs.125 on a particular tax and she sold them at 50p per each bangle. What was her profit or loss percent?

Last Answer : Cost price of 1 dozen bangles = Rs.5 Cost price of 50 dozen bangles = 50*5=Rs. 250  Amount of tax paid = Rs.125  Total cost price=250+125 = 375  Selling price of total number of bangles=50 * 12 * ½ = 300  Loss = 375 – 300 = 75 loss percentage = (75*100)/375 = 20%

Gokul purchases 10 goats at Rs. 1500 each. 1 goat died. He sold 2 goats at 5% loss, at what rate he should sale the remaining goat, so as to gain a Profit of 10 % on the total Cost?

Description : Gokul purchases 10 goats at Rs. 1500 each. 1 goat died. He sold 2 goats at 5% loss, at what rate he should sale the remaining goat, so as to gain a Profit of 10 % on the total Cost?

Last Answer : Selling Price with Profit of 10 % of total cost = 1500*10*110/100 = 16500 Selling Price of 2 goat with 5% loss= 3000*95/100 = 2850 Difference = 16500-2850= 13650 So rate of the goats for selling to gain 10% profit on total = 13650/7 = Rs. 1950