Contribution to CPT Question

Any1 who hd appeared CPT, if they remembered any question plz leave here, so that it cn be helpful for future students.
Replies (96)
(December CPT) If sales day book recorded a credit sale of Rs25000 on 1.1.04. Debtor paid Rs5000 on 14.1.04. What will be the balance of sales book as on 31.1.04? Answer- Rs25000

NO chang in sale either recpt or payment

I knw dear, I m asking to contribute question.
If profit is given 25% on cost, what will be the profit on selling price? Answer- 20%
If the person proves that he hd nt suffered any real damage frm breach of contract, wch damage will he get? Answer- Nominal Damage

purchase of old machinery on credit by a cloth merchant is recorded in? 

journal even though subsidory books are maintained

13-Dec-09

a) When was the PIN launched in India?

b) For the following, Which year FBT was Launched ?

         a) 2002-03, b) 1995-96, c) 2005-06, d) 1972-73

FBT was launched in 2005-06 by mr. P. Chidambaram. It is removed  now in 2009 .

PIN launched in 1972 year.. but i left this answer.

repeted question:

quandity:   0       1        2        3

t.output:    30     40     50     60

find AFC of 3rd unit...

ans is 10. [AFC=TFC/Q, 30/3=10, 1st unit of T.U & TFC always same]

What is the cross elasticity demand for "perfect substitutions"

ans---- infinite.

Originally posted by :pradeep reddy
" purchase of old machinery on credit by a cloth merchant is recorded in? 
journal even though subsidory books are maintained
"


 

i think its "journal proper" but in exam there is no option for journal proper,, options like these..

a) purchase book

b)sales book

c) journal

4) none of these

pls anyone submit about correct answer..

NNP at factor cost=-------------------------------

ans:   National Income

AFC=ATC-AVC

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