Description : Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth type B shares at face value. Market va
Last Answer : Prasad invested Rs.4000 to buy type A shares of a company. He invested in the same company to buy Rs.4000 worth ... the buy? A. 6 B. 24 C. 32 D. 40
Description : A company has shares of face value Rs.50 in which Rs.25 is paid-up and the paid-up capital is Rs.10,000. Then, the authorized capital is _________.
Last Answer : A company has shares of face value Rs.50 in which Rs.25 is paid-up and the paid-up capital is Rs.10,000. Then, the authorized capital is _________.
Description : A company is selling shares at Rs.96 each has a par value of Rs.120. The discount percentage is _______.
Last Answer : A company is selling shares at Rs.96 each has a par value of Rs.120. The discount percentage is _______.
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 _______.
Description : The authorized capital of a company is Rs.50,000 and the number of shares is 1000. If the paid-up capital is Rs.25,000, then the paid-up value of each
Last Answer : The authorized capital of a company is Rs.50,000 and the number of shares is 1000. If the paid-up ... the paid-up value of each share is Rs.______.
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
Description : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend of 7%, while Sahil invested an equal amount in R
Last Answer : Naresh invested a certain amount of money in Rs. 100 shares at a discount of Rs. 20 paying a dividend ... 10 paying a dividend of 8%. Who earns more ?
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
Description : X Ltd. forfeited 20 shares of Rs. 10 each on which Rs. 6 per share were paid. If out of these shares, 8 shares were reissued to Ram as fully paid up on payment of Rs. 5 50 per share, the amount that will remain standing ... Share Forfeited A/c will be- (A) Rs. 48 (B) Rs. 72 (C) Rs. 84 (D) Rs. 120
Last Answer : Answer: Rs. 120
Description : Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.
Last Answer : Find the market value of 300, Rs. 150 shares brought at a premium of Rs. 30.
Description : Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find the market value of each share if he derives an annual inc
Last Answer : Rakesh invested Rs.27,000 in Rs.27 shares of a company which pays a dividend of `10%`. Find ... investment, also find the number of shares he bought.
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.
Description : Underwriting in terms of shares means 1. Agreeing to purchase shortfall of shares in a company in case of undersubscription 2. Selling shares at a discount 3. Purchasing property at less than market price 4. a and b 5. None of these
Last Answer : Agreeing to purchase shortfall of shares in a company in case of undersubscription
Description : A company has 500 shares of face value Rs.50 in which Rs.30 is paid-up. The company collects Rs.12,000 as the second instalment. What is the paid-up v
Last Answer : A company has 500 shares of face value Rs.50 in which Rs.30 is paid-up. The company collects Rs.12, ... . What is the paid-up value of each share now?
Description : A person invested Rs. 18,000 in buying Rs. 150 shares of a company which are available at a premium of Rs. 50. If the company pays a 9% dividend, then
Last Answer : A person invested Rs. 18,000 in buying Rs. 150 shares of a company which are available at a ... also the annual income he earned from the investment.
Description : The paid-up capital of a company is Rs.50,000. If the company has shares of face of Rs.25 in which Rs.20 is paid-up, then how many shares does it have
Last Answer : The paid-up capital of a company is Rs.50,000. If the company has shares of face of Rs.25 ... have ? What is the authorized capital of the company?
Description : A company has 5 lakh shares of Rs. 15 each. The capital of the company is _________.
Last Answer : A company has 5 lakh shares of Rs. 15 each. The capital of the company is _________.
Description : If the excavation of earth is done manually then it costs Rs. 10 per cum. A machine can excavate at a fixed cost of Rs. 4000 plus a variable cost of Rs. 2 per cum. The quantity of earth for which the cost ... the cost of manual excavation is (A) 500 cum (B) 1000 cum (C) 1500 cum (D) 2000 cum
Last Answer : (A) 500 cum
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%
Description : Alfa Company Limited acquired the business of M/s Bharat Traders. The valuation of the items acquired was-building Rs. 1,20,000; machinery Rs. 80,000 and stock-in-trade Rs. 30,000. The company issued in lieu of the above items 800, ... ) Rs. 2,30,000 (B) Rs. 1,00,000 (C) Rs. 50,000 (D) Rs. 30,000
Last Answer : Answer: Rs. 30,000
Description : XYZ company has 50 lakh shares outstanding and plans to raise Rs.20 lakh by offering 10 lakh shares at Rs.2 per share. What is XYZ's post-money valuation? a) Rs.1.20 crore b) Rs.1 crore c) Rs.50 lakh d) Rs.2 crore
Last Answer : a) Rs.1.20 crore
Description : If a customer booking speed article for Rs 50,000/‐ to 1,00,000/‐ in a month then what is the rate of discount applicable for the speed booking ? a) 5% b) 3% c) 4% d) None of these
Last Answer : a) 5%
Description : If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.
Last Answer : If the investment made in buying 150 shares of a company at Rs. 6 above par is Rs.99,000, then find the face value of each share.
Description : To issue shares on Discount mean A. Issue on face value of shares B. Issue on more than face value of shares C. Issue on less than face value of shares D. Initial public offer
Last Answer : C. Issue on less than face value of shares
Description : From the following information, calculate the extra cost of material by following EOQ: Annual consumption: = 45000 units Ordering cost per order: = Rs. 10 Carrying cost per unit per annum: = Rs. 10 Purchase price per unit = Rs. ... ) No saving (b) Rs. 2,00,000 (c) Rs. 2,22,010 (d) Rs. 2,990
Last Answer : (d) Rs. 2,990
Description : The monthly incomes of two persons are in the ratio 5 : 4 and their monthly expenditures are in the ratio 9 : 7. If each person saves Rs. 500 per month, then what are their monthly incomes? a) Rs 8000 and Rs ... Rs 3750 and Rs 3000 c) Rs 5000 and Rs 4000 d) Rs 4500 and Rs 4000 e) None of the above
Last Answer : Let the incomes of two persons be 5x and 4x let the expenditures of them be 9y and 7y Each person saves Rs. 500 Therefore, 5x - 9y = 500 4x - 7y = 500 Solving the above equations, 20x - 36y = 2000 20x - ... = 500 + 9(500) = 5000 X = 1000 Hence, their salaries are Rs. 5000 and Rs. 4000 Answer: c)
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)
Description : Ravi, Rakesh and Vijay invest in a partnership in the ratio 7/2, 4/3, 6/5 respectively. After 4 months, Ravi increases his share 50%. If the total profit at the and of one year be Rs. 32,400, then what is Rakesh's ... the profit? 1) Rs. 2000 2) Rs. 3000 3) Rs. 4000 4) Rs. 5000 5) Rs. 6000
Last Answer : 5) Rs. 6000
Description : Ajay and vijay entered into business with capital in ratio of 5:7.after 5 months Ajay withdraws 4/7 th of his capital and vijay withdraws 2/7th of his capital. At the end of 8months there was a profit of Rs 4470. Then find the profit A) 3678. B) 2000. C) 4000. D) 1500
Last Answer : Answer: B) Profit ratio of Ajay & vijay, 5x*5+3x*3 :7x*5+5x*3 =34:50=17:25 Profit of vijay =3360/42 *25 =Rs 2000
Description : Gross assets are Rs.1,01,000, fictitious assets Rs.350 are included in the gross assets. External liabilities are Rs.7,500. 6% prefer share capital is Rs.45,000. Equity capital is 4,500 equity shares of Rs.10 each fully ... . The Net Asset Value Per share is A Rs.11 B Rs.10.70 C Rs.15 D Rs.20
Last Answer : Rs.10.70
Description : Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to Rs. 90 and invested the proceeds in 10%, Rs. 50 share
Last Answer : Kavya bought 300, Rs. 50 shares paying a dividend of 8%. If she sold them when the price rose to ... . 30, then find the change in her annual income.
Description : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` per annum. If the rate of dividend paid by the compa
Last Answer : An investment in buying 400 shares of a company at a premium of Rs.2.50 earns an income of `9.6%` ... `12%`, then find the face value of each share.
Description : Net Assets of D.Co. for Purchase Consideration worth Rs. 4,00,000. At the time of absorption, the company has paid 32,000 equity shares each of Rs.10 each at 10% premium, then remaining cash will be - (A) Rs. 48,000 (B) Rs. 84,000 (C) Rs. 80,000 (D) Rs. 90,000
Last Answer : (A) Rs. 48,000
Description : The price of 10 chairs is equal to that of 4 tables. The price of 15 chairs and 2 tables together is Rs.4000. The total price of 12 chairs and 3 tables is: a) Rs.3750 b) Rs.3840 c) Rs.3500 d) Rs.3900 e) None of these
Last Answer : Cost of 4 tables =Cost of 10 chairs => Cost of 1 table =10 4=2.5 chairs =>15 chairs + 2 tables = Rs.4000 => 15 chairs + 2 2.5 chairs = Rs.4000 =>20 chairs =Rs.4000 => 1 chair = Rs.4000 20 = Rs ... of 12 chairs + cost of 3 tables =12 Rs.200 + 3 Rs.500 = Rs.2400 + Rs.1500=Rs.3900 Answer: d)
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/-
Description : X Limited forfeited Ram's 20 shares of Rs. 10 each on which Rs. 7 is called up. Ram had paid application and allotment money of Rs. 5 per share. Of these forfeited shares 15 shares were reissued to Hari as fully paid up ... to Capital Reserve account ? (A) Rs. 15 (B) Rs. 20 (C) Rs. 75 (D) Rs. 100
Last Answer : Answer: Rs. 15
Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares
Last Answer : Answer: 28,000 shares
Description : Vignesh purchased a TV set for Rs.11, 250 after getting discount of 10% on the labelled price. He spent Rs.150 on transport and Rs.800 on installation. At what price should it be sold so that the profit earned would have ... a) Rs.11877.50 b) Rs.16367.50 c) Rs.14247.50 d) Rs.15467.50 e) Rs.17567.50
Last Answer : Marked price = 11250 × 10/9 = Rs. 12500 Total cost=12500 + 150 + 800=Rs. 13450 S.P = 13450 × 115/100 = Rs. 15467.50 Answer: d)
Description : A discount of 25% on one article is same as a discount of 50% on another article .The costs of two article can be: A. Rs 30, Rs 20 B. Rs 90, Rs 40 C. Rs 80, Rs 40 D. Rs 50, Rs 40
Last Answer : Answer – C. Rs 80, Rs 40 Explanation – Let the costs of the two articles be x and y. Then, 25% of x = 50% of y => x/y = 50/25 = 2/1 So,x and y must be in the ratio of 2:1
Description : A dealer buys an article marked at Rs. 50,000 at 25% and 10% successive discount. He spends Rs. 5000 on its repair and sells it for Rs. 50,000. What is his loss or gain percentage? 1. 33.63% loss 2. 26.43% gain 3. 1.25% gain 4. 29.03% 5. 27.13% loss
Last Answer : CP of the article
Description : Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these shares is 10% per annum. Find the divide
Last Answer : Randeep invests Rs. 25,200 in buying shares of face value of Rs. 40 each at 5% premium. The dividend on these ... B. Rs. 2400 C. Rs. 4200 D. Rs. 3680
Description : The authorized capital of a company is Rs.150,000 and the number of shares is 500. What is the face value of each shares is 500. What is the face valu
Last Answer : The authorized capital of a company is Rs.150,000 and the number of shares is 500. What is the face ... then what is the paid-up value of each share?
Description : Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.
Last Answer : Ratan has Rs.2500 worth of shares. If he had 500 shares, the face value of each share is ______.
Description : Intrinsic value of each equity shares of the vendor company is Rs. 250 and that of the purchasing company is Rs. 400. The exchange ratio of shares on the basis of intrinsic value is - (A) 2:1 (B) 8:8 (C) 8:5 (D) None of the above
Last Answer : (C) 8:5
Description : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of 12%. If the earns 10% per annum on his investment, then
Last Answer : Rahul invested a certain amount in buying Rs. 25 shares of a company, which pays a dividend of ... , then find the market value of each share.
Description : A man invests Rs. 20,000 in Rs. 80 shares of a company available at a premium of Rs. 20. IF the company pays a dividend of 8%, then find the rate of r
Last Answer : A man invests Rs. 20,000 in Rs. 80 shares of a company available at a premium of Rs. 20. IF ... of 8%, then find the rate of return on the investment.
Description : Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A shares and 20 type B shares, then the difference between their f
Last Answer : Pardhiv bought two types of shares A and B worth Rs.5000 each. If he bought 25 type A ... , then the difference between their face value is _______.
Description : A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.
Last Answer : A Rs.100 shares is bought at a premium of Rs.25. If the investment is worth `9%` per annum, then find the rate at which the company pays the dividend.
Description : When the existing companies raise additional funds by issue of shares to the existing shareholders in proportion to their existing shareholdings, it is called– (A) Buyback of shares (B) Issue of shares at premium (C) Issue of shares at discount (D) Right shares issue
Last Answer : Answer: Right shares issue
Description : present the Counter Assistant is authorized to receive deposits and allow withdrawals up to Rs.--------------/- in savings accounts only under his own power without showing the documents to the Ledger Assistant and the Supervisor. a) 5000 b) 2000 c) 4000 d) None of these
Last Answer : a) 5000