Qualification > Commerce

ACCOUNTING PAPER 1

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coco pops:
could any one please help me in question no.19 in may june 09

immortal:
As net profit % of sales =20%
expense b4 dividend % of sales =20%
so exps=800+400-200=1000
1000/sales=80%
sales=1250
so ans=B

coco pops:
why is it 80%? (is expenses/sales % + netprofit/sales % =100%)??
sry 2 bother

immortal:
No problem..
NP/sales=20%
so (NP-sales)/sales=80%
dat is expense/sales=80%
80+20=100%

coco pops:
o ok thank you
also cld u help me in oct nov 09 varian 1
question 11,23,30
ques no. 16 and 18...these two questions are in variant 2 as well..but they have given diff answers in tht =S
and may june 09 question 16 and 20
thank you once agn

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