Profit Loss

 Profit and loss   IMPORTANT FACTS Cost Price: The price, at which an article is purchased, is called its cost price, abbreviated as C.P.   Selling Price: The price, at which an article is sold, is called its selling prices, abbreviated as S.P.   Profit or Gain: If S.P. is greater than C.P., the seller is said … Read more

Average Or Ap

 Average   What is Average? The result obtained by adding several quantities together and then dividing this total by the number of quantities is called Average. The main term of average is equal distribution of a value among all which may distribute persons or things. We obtain the average of a number using formula that … Read more

Number System

 Number system 1. Basic Formulae  (a + b)(a – b) = (a2 – b2) (a + b)2 = (a2 + b2 + 2ab) (a – b)2 = (a2 + b2 – 2ab) (a + b + c)2 = a2 + b2 + c2 + 2(ab + bc + ca) (a3 + b3) = (a + b)(a2 – ab + b2) (a3 – b3) = (a – b)(a2 + ab + b2) (a3 + b3 + c3 – 3abc) = (a + b + c)(a2 + b2 + c2 – ab – bc – ac) When a + b + c = 0, then a3 + b3 + c3 = 3abc   2. Types of Numbers I. Natural Numbers Counting numbers 1,2,3,4,5,…1,2,3,4,5,… are called natural numbers   … Read more

Hcf And Lcm

  HCF & LCM HCF & LCM are acronym for words, Highest common factor and Lowest common multiple respectively. 1. H. C. F While we all know what a multiplication is like 2 * 3 = 6. HCF is just the reverse of multiplication which is known as Factorization. Now factorization is breaking … Read more

Computer Binary Digit System

 Computer Binary digit system The binary number system, also called the base-2 number system, is a method of representing numbers that counts by using combinations of only two numerals: zero (0) and one (1). Computers use the binary number system to manipulate and store all of their data including numbers, words, videos, graphics, … Read more

Fractions

 Fractions Any unit can be divided into any numbers of equal parts, one or more of this parts is called fraction of that unit. e.g. one-forth (1/4), one-third (1/3), three-seventh (3/7) etc. The lower part indicates the number of equal parts into which the unit is divided, is called denominator. The upper part, which indicates the number … Read more

Partnership

 PARTNERSHIP   Partnership : Partnership is an association of two or more parties, they put money for business.         Simple Partnership: Simple partnership is one in which the capitals of the partners are invested for the same time. The profit or losses are divided among the partners in the ratio … Read more

Calculation Of Income Tax

 Calculation of income tax (for salaried person and excluding house rent allowance) Salary is made up of various components such as:   Basic salary,    House rent allowance (HRA),   Special allowance Other allowances, reimbursements etc.   However, not all of the amount received as salary is fully taxable. A part of it … Read more

ClassificationL 1

 Analogy Level-1   CLASSIFICATION LEVEL 1 Classification involves putting things into a class or group according to particular characteristics so it’s easier to make sense of them, whether you’re organizing your shoes, your stock portfolio, or a group of invertebrates.  From all competitive examination classification is one of the most important topics, this … Read more