profit-loss account9

May 13th, 2015
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Abraham Lincoln University
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profit loss accounting description of statements

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PROFIT & LOSS1. When the c.p. of 12 objects is equal to the s.p. of 16 objects then find the percent loss?(a)50/3%(b)100/3%(c)150%(d)25%(e)N.O.T.2. When the c.p. of 25 objects is equal to the s.p. of 20 objects then find the percent profit?(a)20%(b)25%(c)30%(d)35%(e)N.O.T.3. Chandra gave a cow to Arun at 10% profit, who gave to Chandan at 5% loss and Chandan gave at 20% profit. If Mohan get a cow in 12540 Rs then find the rate of cow when Chandra bought?(a)15000(b)20000(c)22000(d)25000(e)N.O.T.4. Raman sold a watch to Arun at 12% loss, who sold to Madhuri at

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