User Account

All Pages

Find the cost price of one watch

Assignment Help Accounting Basics
Reference no: EM132635623

Question -

Q1. Ram purchased a few books at the rate of 6 for rs 150 and next time the same number of books at the rate of 5 for rs 150. He combined both and then sold them at the rate of 11 for rs 300. In this exchange he suffered a loss of rs 400. What is the total number of books he purchased?

Q2. If the shopkeeper allows 20% discount for an article, he earns 16% profit. What would be his profit percentage if he allows 12% discount?

Q3. A shopkeeper sells 100 watches for rs 302400 for the entire year. For the first 6 months he sells the watches at a profit of 30% and the next 6 months he sells at a profit of 20%. If the number of watches sold gets interchanged, then the total selling price becomes rs 297600. Find the cost price of one watch.

Reference no: EM132635623

Questions Cloud

Calculate earnings per share before extraordinary items : Assuming 100,000 ordinary shares outstanding, calculate earnings per share before extraordinary items and earnings per share.
What is the discount offered by wright : Wright collects 60% of sales within the discount period, 20% in the month of sale but outside the discount period, What is the discount offered by Wright
Describe the relations of concepts and assumptions : Theory Utilization and Application Paper Using the nursing theory by Hildegard Peplau's Theory of Interpersonal Relations in Nursing which consists.
Prepare journal entries to record the sale on the books : Prepare journal entries to record the sale on the books of Shell Corporation and the subsequent total liquidation of the corporation
Find the cost price of one watch : If the number of watches sold gets interchanged, then the total selling price becomes rs 297600. Find the cost price of one watch
What is the biochemistry : What is the biochemistry, mode of action, safety, and efficiency of Oxford COVID-19 vaccine ? Include reference
How do diseases affect the population : How do diseases affect the population? Are there any diseases that has affected the human population?
Give three examples of organisms or phenomena : 1) Give three examples of organisms or phenomena for which observations by phase microscopy might be preferable to bright-field.
How Rhone-Metro calculated the annual lease payment : Show how Rhone-Metro calculated the $143,000 annual lease payments. How should this lease be classified (a) by Western Soya Co

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd