1. Partnership :
When two or more people joins hands with a common goal to attain profits or run a business jointly, they are called Partners and the deal is known as Partnership . Every partner invests either time, money or his patents to help partnership firm to reap profits.
2. Ra...
Published: 06 Aug 2019
Basic Definitions and Formulas
Cost price (C.P.) : This is the price at which an article is purchased.
Selling price(S.P.) : The price at which an article is sold, is called its selling price,
Profit or Gain : If S.P. is greater than C.P. , the seller is said to have a profit or gain....
Published: 06 Aug 2019
1. Concept of percentage : Percent implies “for every hundred” and the sign % is read as percentage and x % is read as x per cent. In other words, a fraction with denominator 100 is called a per cent. For example, 20 % means 20/100 (i.e. 20 parts from 100). This can also be written ...
Published: 06 Aug 2019
1. Ratio: We use ratios to make comparisons between two things. When we express ratios in words, we use the word "to"--we say "the ratio of something to something else." Ratios can be written in several different ways: as a fraction, using the word "to", or with a ...
Published: 06 Aug 2019
1. BODMAS Rule : This rule depicts the correct sequence in which the operation are to be executed, so as to find out the value of a given expression.
BODMAS is a short form for Bracket, Of, Division, Multiplication, Addition and Subtraction. In some regions, PEDMAS (Parentheses, Exponents, D...
Published: 23 Jul 2019
1. Decimal Fraction : Fractions in which denominators are powers of 10 are known as decimal fractions. A fraction written as a decimal. A decimal point separates whole numbers from decimal fractions
for example, 1/10 = 1 tenth = .1
1/100 = hundredth = .01
99/100 = 99 hundredths = .99
...
Published: 23 Jul 2019