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Q:

Unearned revenue is classified as

A) Liability B) Owner's equity
C) Asset D) Income
 
Answer & Explanation Answer: A) Liability

Explanation:

Unearned revenue is the money or revenue earned for the product or the service that is not yet sold or provided to the customer. Hence, it comes under liabilities.

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Filed Under: Accounts Receivable
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Q:

A milkman has 20 liters of milk. If he mixes 5 liters of water, which is freely available, in 20 liters of pure milk. If the cost of pure milk is Rs. 18 per litre, then the profit of the milkman, when he sells all the mixture at cost price, the profit % ?

A) 22.5% B) 25%
C) 20% D) 33.33%
 
Answer & Explanation Answer: B) 25%

Explanation:

As water costs free, water sold at cost price of milk gives the profit.

Required profit % = 5/20 x 100 = 5 x 5 = 25%.

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Filed Under: Alligation or Mixture
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Q:

If the true discount on sum due 2 years hence at 14% per annum be Rs. 168, the sum due is

A) Rs. 600 B) Rs. 768
C) Rs. 878 D) Rs. 668
 
Answer & Explanation Answer: B) Rs. 768

Explanation:

We know that,

P.W = 100×T.D/R×T

= 100×168/14×2

P.W = 600.

 

Now, required Sum = (P.W. + T.D.)

= Rs. (600 + 168)

= Rs. 768.

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Filed Under: True Discount
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Q:

In 1941, who commanded U.S troops in Europe?

A) Harold R. Stark B) General Dwight D. Eisenhower
C) Hoyt. S D) None of the above
 
Answer & Explanation Answer: B) General Dwight D. Eisenhower

Explanation:

dwight-d-eisenhower1538053135.jpg image

 

General Dwight D. Eisenhower commanded U.S troops in Europe in 1942.

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Filed Under: World History
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Q:

Which is evidence that supports the dynamo theory?

A) Earth's outer core contains liquid that conducts electricity B) Earth's core contains a large amount of iron
C) Granite and basalt conduct electricity D) Convection occurs in Earth's inner core
 
Answer & Explanation Answer: B) Earth's core contains a large amount of iron

Explanation:

In physics, the dynamo theory proposes a mechanism by which a celestial body such as Earth or a star generates a magnetic field.

Earth's crust core contains a large amount of iron and nickel is the evidence of the dynamo theory.

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Filed Under: Physics
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Q:

If the boat goes 7 kms upstream in 42 min and speed of the stream is 3 kmph, then the speed of the boat in still water ?

A) 14 kmph B) 13 kmph
C) 12 kmph D) 11 kmph
 
Answer & Explanation Answer: B) 13 kmph

Explanation:

Given that, upstream distance = 7 kms

Upstream speed = 7/42 x 60 = 10 kms

Speed of the stream = 3 kmph

Let speed in still water = M kmph, then

Upstream speed = M - 3 = 10

=> M = 13 kmph.

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Filed Under: Boats and Streams
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Q:

Solve this number puzzle?

Number_puzzle_41538031779.jpg image

A) 111 B) 121
C) 1111 D) 0
 
Answer & Explanation Answer: B) 121

Explanation:

Given 

1 = 1 => 1 x 11 = 11

2 = 22 => 2 x 11 = 22

3 = 33 => 3 x 11 = 33

...

...

Similarly,

11 => 11 x 11 = 121.

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Filed Under: Number Puzzles
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Q:

Which of the following processes is endothermic?

A) Melting of ice B) Mixing of potassium chloride with water
C) Photosynthesis D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

The process which involves absorption of heat is endothermic.

Here given all the options are involving in absorption of heat. Hence, all the above are endithermic.

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Filed Under: Chemistry
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