4 Views

Question : Rahul decided to start a cricket academy to train the young enthusiastic players of down south. With the support and guidance of his family he started the Star cricket academy at Tirunelveli township area on 1st April 2020. Land was donated by his grandfather worth Rs.10,00,000 as per his will. His father Shankar donated Rs.5,00,000 for the construction and running the academy. He spent Rs.3,00,000 for construction of the pavilion. 200 players of Tirunelveli joined the academy and they paid yearly subscription of Rs.1,200 each. 10 players paid in advance for the next year 2021-22. Vijayashankar appointed well experienced coach for them, the coach fee amounted to Rs.1,20,000 p.a. The maintenance expenses amounted to Rs.75,000. Bats and balls purchased during the year amounted to Rs.15,000. Closing stock of bats and ball amount to Rs.1,000. Based on the above information you are required to answer the following question. The liability towards advance subscription amounted to:

Option 1: Rs.12,000

Option 2: Rs.24,000

Option 3: Rs.1,200

Option 4: Rs.1,20,000


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 24th Jan, 2024

Correct Answer: Rs.12,000


Solution : Subscription paid in advance = Rs.Rs.1,200 X 10 = Rs.12,000. Hence, the correct option is 1.

Related Questions

Question : Read the passage given below and answer the questions.
A national sports team was winning all the competitions and was extremely admired for its hard work An interview with the national team to discover and explore the ins and outs for its constant success emphasized the following details. As per the report, the team had many fresh players who were well prepared accountable, self-disciplined and accurate in their job and contributed to the achievement of the team. The captain had been carefully chosen by the team fellows themselves, and he was most cooperative, friendly and positive on the ground as well as off it. This made him a good leader.
The best part of the team was that, all its senior players were supportive and helpful with their juniors and were always eager to listen to them. The team's coach stated few essential components that had contributed to the team's achievement. According to him, the ability to inspire and encourage individuals plays a critical role in the team's achievements more often than the technical skills, and this is what divides a good coach from an average one. The coach also referred to occasions when players went through the period of lack of intrinsic motivation. The coach realized that while there are some players have
an instinctive drive to regularly strive for success and enjoy their task, there are others who seem to lack internal motivation and need extrinsic factors like rewards, prize, money etc, to create the required drive or required behavior.
The team's psychologist spoke about the aggressive behavior among the team players against the opponents.
It was interesting to listen to various occurrences where the players had instigated opponents or charged at them aggressively, in anger, but had later tried to defend their actions.
Occasionally, players were found to be abusing opponents not in anger, but to get a benefit or for the sake of winning, though this behavior is not adequate and they were given punishments as per the code of conduct and rules of sports.

Question:

The fresh players in the national team were :
 

Option 1: Low an self - esteem
 

Option 2: Self - discipline
 

Option 3: Good - leaders
 

Option 4: Great communicator

7 Views
Amity University, Noida Law A...
Apply
700+ Campus placements at top national and global law firms, corporates and judiciaries
Amity University, Noida BBA A...
Apply
Ranked amongst top 3% universities globally (QS Rankings)
VIT Bhopal University | M.Tec...
Apply
M.Tech admissions open @ VIT Bhopal University | Highest CTC 52 LPA | Apply now
Amity University | M.Tech Adm...
Apply
Ranked amongst top 3% universities globally (QS Rankings).
Graphic Era (Deemed to be Uni...
Apply
NAAC A+ Grade | Among top 100 universities of India (NIRF 2024) | 40 crore+ scholarships distributed
Great Lakes PGPM & PGDM Admis...
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books