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Vellore Institute of Technology, Vellore

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Question : If the total assets of a firm are Rs.24,00,000 and the total liabilities are Rs.4,80,000 what will be the capitals of P, Q and R if they share profits in the ratio of their capitals and the profit sharing ratio is 1: 2: 3?

Option 1: P 4,80,000; Q3,20,000; R 1,60,000

Option 2: P 3,20,000; Q 6,40,000; R 9,60,000

Option 3: P 2,00,000; Q 4,00,000; R 6,00,000

Option 4: P 6,00,000; Q 4,00,000; R 2,00,000

Team Careers360 25th Jan, 2024

Correct Answer: P 3,20,000; Q 6,40,000; R 9,60,000


Solution : Answer = P 3,20,000; Q 6,40,000; R 9,60,000

Memorandum balance sheet
Outsiders liabilities 4,80,000 S.Assets 24,00,000
Capitals 19,20,000    
P-3,20,000      
Q-6,40,000      
R-9,60,000      
  24,00,000   24,00,000

Hence, the correct option is 2.

 

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Question : The point $Q(a,b)$ is first reflected in the y-axis to $Q_1$ and $Q_1$ is reflected in the x-axis to $(-5,3)$. The coordinates of point $Q$ are:

Option 1: $(–5,–3)$

Option 2: $(5,3)$

Option 3: $(–5,3)$

Option 4: $(5,–3)$

Team Careers360 13th Jan, 2024

Correct Answer: $(5,–3)$


Solution : Given: $Q1$ is reflected over the x-axis to $(–5,3)$.
$Q1$ = image of $Q(a,b)$ over Y-axis = $(–5,3)$
Image of $Q(a,b)$ over Y-axis = $(–(–5),–(3))$
Image of $Q(a,b)$ over Y-axis = $(5,–3)$
Hence, the correct answer is $(5,–3)$.

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Question : ___________measures the relationship between Operating Profit and Revenue from Operations, i.e., Net Sales.

Option 1: Operating profit ratio

Option 2: Operating ratio

Option 3: Net profit ratio

Option 4: Gross profit ratio

Team Careers360 18th Jan, 2024

Correct Answer: Operating profit ratio


Solution : Answer = Operating profit ratio

The operating profit ratio measures the efficiency of a company's operations by assessing the relationship between operating profit and revenue from operations (net sales). It indicates the percentage of revenue retained as operating profit after deducting operating expenses.

11 Views

Question : Directions: Which of the answer figures is exactly the mirror image of the given figure if the mirror is placed on MN?

Option 1:

Option 2:

Option 3:

Option 4:

Team Careers360 10th Jan, 2024

Correct Answer:


Solution : As per the mirror image properties, closer things appear close to the mirror in the reflection.
So, according to the above property and the information provided, the mirror is placed on the right side of the figure (on line MN). So, the left side of the

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