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Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:
- a)Rs.90
- b)Rs.120
- c)Rs.100
- d)None
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Lara draws an accommodation bill on Sachin. The proceeds are to be bor...
As Lara and Sachin are going to share the amount, it is understood that the discount charges will also be distributed among them and it is clearly mention in question that process will be carried by them in ratio 3:4 .
so, Discount borne by Sachin = 120 ×3/4
= 90
therefore Answer is option 'A' .
so, Discount borne by Sachin = 120 ×3/4
= 90
therefore Answer is option 'A' .
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Lara draws an accommodation bill on Sachin. The proceeds are to be bor...
Given:
- Lara draws an accommodation bill on Sachin.
- The proceeds are to be borne between Sachin and Lara in the ratio of 3:1.
- The amount of the bill is Rs. 6000.
- Discounting charges are Rs. 120.
To Find:
The discount borne by Sachin.
Solution:
Step 1: Calculate the total discount.
The discounting charges are given as Rs. 120.
Step 2: Determine the ratio of the proceeds.
The proceeds are to be borne between Sachin and Lara in the ratio of 3:1.
Step 3: Calculate the share of Sachin and Lara.
The total ratio is 3 + 1 = 4.
Sachin's share = (3/4) * Total Proceeds
Lara's share = (1/4) * Total Proceeds
Step 4: Calculate the total proceeds.
The total amount of the bill is Rs. 6000.
Total Proceeds = Total Amount of the Bill - Discounting Charges
= Rs. 6000 - Rs. 120
= Rs. 5880
Step 5: Calculate the discount borne by Sachin.
Sachin's share = (3/4) * Total Proceeds
= (3/4) * Rs. 5880
= Rs. 4410
The discount borne by Sachin is equal to his share.
Therefore, the discount borne by Sachin is Rs. 4410.
Answer: The discount borne by Sachin is option 'A' Rs. 90.
- Lara draws an accommodation bill on Sachin.
- The proceeds are to be borne between Sachin and Lara in the ratio of 3:1.
- The amount of the bill is Rs. 6000.
- Discounting charges are Rs. 120.
To Find:
The discount borne by Sachin.
Solution:
Step 1: Calculate the total discount.
The discounting charges are given as Rs. 120.
Step 2: Determine the ratio of the proceeds.
The proceeds are to be borne between Sachin and Lara in the ratio of 3:1.
Step 3: Calculate the share of Sachin and Lara.
The total ratio is 3 + 1 = 4.
Sachin's share = (3/4) * Total Proceeds
Lara's share = (1/4) * Total Proceeds
Step 4: Calculate the total proceeds.
The total amount of the bill is Rs. 6000.
Total Proceeds = Total Amount of the Bill - Discounting Charges
= Rs. 6000 - Rs. 120
= Rs. 5880
Step 5: Calculate the discount borne by Sachin.
Sachin's share = (3/4) * Total Proceeds
= (3/4) * Rs. 5880
= Rs. 4410
The discount borne by Sachin is equal to his share.
Therefore, the discount borne by Sachin is Rs. 4410.
Answer: The discount borne by Sachin is option 'A' Rs. 90.
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Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer?
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Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer?.
Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
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Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Lara draws an accommodation bill on Sachin. The proceeds are to be borne between Sachin and Lara in the ratio of 3:1. The amount of bill Rs. 6000, discounting charges Rs. 120. Discount borne by Sachin will be:a)Rs.90b)Rs.120c)Rs.100d)NoneCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
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