In case there is no double entry system is followed, profit can be calculated by comparing the opening and closing capital. In the given situation this can be calculated as:
Opening Capital Rs.200000
Add: Capital Introduced Rs.200000
Add: Profit for the year Rs. 250000
Less: Loss for the year Rs.NIL
Less: Drawings Rs. 30000
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Capital at the end of the year Rs.620000
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Loan taken is a liability and loan given is asset, that will not affect the capital.
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Answer:
6.14125(0.15) = 0.9211875 (below 1)
6.14125 - 0.92118 = 5.22007
Step-by-step explanation:
Given data
1. 10(.15)=1.5
2. 10-1.5=8.5
3. 8.5 (.15)=1.275
4. 8.5-1.275=7.225
continuation the sequence
5) 7.225 (0.15) = 1.08375
6) 7.225 - 1.08375 = 6.14125
7) <u> 6.14125(0.15) = 0.9211875 (below -one)</u>
8 ) <u> 6.14125 - 0.9211875 = 5.2200625 (get number 5)</u>
9) 5.2200625(0.15) = 0.783009
10) 5.2200625 - 0.783009 = 4.4370532
Which equation am I looking at
Answer:
6 hours
Step-by-step explanation:
6 inches burns at rate .8 inches in 1 hour
to be 1.2 inches has to burn 6 -1.2 = 4.8 inches of the candle
4.8 inches / .8 inches in 1 hour = 6 hours
