Identify and explain the concepts from the given illustrations:
Mangesh saves ₹ 200/- every month out of his pocket money.
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Money can be used to transfer purchasing power from the present to the future. Which specific function of money is this called?
A. store of value
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A and B are partners sharing profits equally A drew regulary Rs. 4,000 At the end of every month for year calculate ended 30 th September 2019 calcala
Correct Answer - interest on drawings -rs. 250 interest on drawnings will ne becharged for 2.5 months on total of each quarter.
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A player tosses a coin and score one point for every head and two points for every tail that turns up. He plays on until his score reaches or passes n
Correct Answer - A The scores of n can be reached in the following two mutually exclusive events: (i) by throwing a head when the score is `(n-1),` (ii) by throwing...
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Animal money : Oldest form of money : : __________ : Latest form of money.
1. Electronic money 2. Limited legal tender 3. Japan 4. Electronic money 5. Govt, of India
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The value of `((100),(0))((200),(150))+((100),(1))((200),(151))+......+((100),(50))((200),(200))` equals (where `((n),(r ))="^(n)C_(r)`)
Correct Answer - A `(a)` Writing `((200),(r ))=((200),(200-r))`, we have `((100),(0))((200),(50))+((100),(1))((200),(49))+((100),(2))((200),(48))+......+((100),(50))((200),(0))` `=` Coefficient of `x^(50)` in the expansion of `(1+x)^(100)(x+1)^(200)` `=` Coefficient of `x^(50)` in the binomial expansion of `(1+x)^(300)` `=((300),(50))`
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Bank Reconciliation Statement is prepared at the end of every month.
This statement is True. Monthly preparation of Bank Reconciliation Statement assists in the regular monitoring of cash flows of a business and identification of accounting errors.
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Rohan and Sohan earn salaries which are in the ratio of `3:4` respectively. Sohan saves `11%` of his salary and Rohan saves `18%` of his salary. If So
Correct Answer - Rs. 2835; Rs.36750
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Ramakanth draws a salary of Rs. 15,000 per month. He contributes Rs. 5000 per month towards PPF. He also donates Rs. 1250 per month towards medical re
Correct Answer - Rs.8400
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Subiksha earns Rs. 12,500 per month. She donates Rs. 3300 per month towards Prime Minister National Relief Fund `(100%` relief). Find the amount of ta
Correct Answer - Rs.5250.
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The work done by a boy in lifting his bag up to a height of 2 m is 200 J . Find the mass of his bag (Take g = 10 ` m s^(-2)`).
Correct Answer - 10 Kg
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