How can minus tax amount from total price i.e. 2000+5%=2100
now i want to minus 5% from 2100 and want result 2000
Answer Posted / jayesh k goswami
I found this answer myself and answer is
(2100*100)/105
| Is This Answer Correct ? | 12 Yes | 2 No |
Post New Answer View All Answers
what is the meaning of 4X and 10X value in intraday market?
What do you mean by material facts in accounting?
What are the disadvantages of manual accounting?
sir i am working in construction company.we have more than one projects.i enter the attendance projectwise in payroll.if payroll autofill i want project wise salaries not overall
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
Tell me what is trial balance in accounting?
Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
What are assets minus liabilities?
Do you know balancing in accounting?
What is fractional code and how can i get a fractional code for a particular account?
What is accrual accounting?
sir i want know how to fill vat return
Why current assets Liability said & current Liability Assets said...?at tally ERP9
Tell About ur self what will i say plz help me
Explain in simple terms what is the difference between asset, equity, and liabilities?