Question

Calculate Current ratio and Quick ratio from the following information:

Rs.
Stock
30,000
Prepaid expense
2,000
Other current Assets
Current liabilities (
40.000
129. Debentures
30.000
Accumulated Profits
10.000
Equity Share Capital
1.00.000
15.000
Long tem Investments​

Answer 1

Answer:

Given :-

75% of total 1500 are boys.

⅓ are boys

And No. of girls = 40%

To find :-

Total students

Solution :-

No. of boys :-

75% of 1500

75/100 × 1500

75 × 15

1125 boys

Now,

Numbers of girls = 1500 - 1125

=> 375

Total spectacles =>

⅓ × 1125

375

In girls

40/100 × 375

4/10 × 375

150

Total students that wear spectacles = 150 + 375 = 525

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