What rate gives Rs 280 as interest on a sum of Rs 56,000 in 2 years?
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1. Concepts related to population growth Birth rate, Death rate, Survival rate, Interest rate.
1. Interest rate 2. Expansion of industrial sector
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Bright Ltd. Took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of star Ltd. For an agreed purchase consideration of ₹ 6,00,000 payab
Correct Answer - Entry in all Cases: Dr Sundry Assets A/c- ₹ 6,60,000 and Goodwill A/c - ₹ 20,000; Cr . Sundry Liabilities A/c - ₹ 80,000 and star Ltd....
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Star Ltd. Took over the assets of ₹ 6,60,000 and liabilities of ₹ 80,000 of Moon Ltd. For ₹ 6,00,000 . Give necessary Journal entries in the boo
Correct Answer - Entry in both Cases: De. Sundry Assets A/c - ₹ 6,60,000 and Goodwill A/c - ₹ 20,000; Cr. Sundry Liabilities A/c ₹ 80,000 and Moon Ltd. -...
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Green Ltd. Purchased the assets of Strong Ltd. For ₹ 40,00,000 and took over liabilities of ₹ 7,00,000 at an agreed value of ₹ 32,40,000. Paymen
Correct Answer - (i) Dr. Sundry Assets A/c by ₹ 40,00,000, Cr. Sundry Liabilities A/c by ₹ 7,00,000; Strong Ltd .by ₹ 32,40,000 and Capital Reserve A/c by ₹ 60,000;...
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Wellbeing Ltd. Took over assets of ₹ 9,80,000 and liabilities of ₹ 40,000 of HDR Ltd. At an agreed value of ₹ 9,00,000. Wellbeing Ltd. Paid to H
Correct Answer - (i) Dr. Sundry Assets A/c by ₹ 9,80,000, Cr. Sundry Liabilities A/c by ₹ 40,000; HDR Ltd by ₹ 9,00,000 and Capital Reserve A/c by ₹ 40,000....
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Authorised capital of Suhani Ltd. is Rs. 45,00,000 divided into 30,000 shares of Rs. 150 each. Out of these company issued 15,000 shares of Rs. 150 ea
Correct Answer - Share Capital-Rs. 21,00,000.
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Kamal Ltd. was formed on 1st April, 2010 with an authorised capital of Rs. 2,00,000, divided into 2,000 Equity Shares of Rs. 100 each. 1,000 shares we
Correct Answer - Capital Reserve-Rs. 2,000; Balance Sheet Total-Rs. 1,69,500.
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Five years ago, the sum of the ages of a father and two sons was \( x \) years, then after five years, the sum of the ages of all will be years.
5 years after age of each of father and his two sons will be 10 years more than it was 5years ago. Hence after 5years the sum of thieir age...
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If Meena gives an interest of Rs 45 for one year at 9% rate p.a.. What is the sum she has borrowed?
Correct Answer - ₹ 500
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11) A sum of ₹20000 accumulated to ₹ 50000 , after 12 years. Find the rate of simple interest p.a., which was effective in this situation.
Here, P = 20000, A = 50000, T = 12 years(T× is time period) S.I. = A - P = 50000- 20000 = 30000 S.I. = P × R × T /...
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