CAT Questions

---

Cost variance is nothing but the difference between the actual incurred cost and the estimated standard cost. This can be occured due to any changes in the volume of goods or services ordered. 

A favorable cost variance occurs when the actual incurred cost is less than the standard cost estimated before the production.

Let the length of the rectangle be 3x and breadth be 1x
Given, perimeter = 96 m
2(l + b) = 96 (or) l + b = 48 (or) 3x + 1x = 48 (or) x = 12 m
Now, Length of the rectangle = 12 x 3 = 36 m

Indian states celebrating their Statehood Day on 21st Jan are Manipur, Tripura & Meghalaya (1972).

Ravindranath Tagore called 1st time Gandhi as Mahatma.