MPT - 276617

Rajiv V Male, 40 Years

Associated for 2 Years 5 Months
Class 11 - 12 Tutor

Activity Score - 2630

Qualification :
  • MBA/PGDM (NMIMS - 2004)
  • Hourly Fees:
    INR 400
Teaches:
Class 9 - 10 Accountancy Economics Commerce Subjects All Boards All Medium INR 300 / Hour
Class 11 - 12 Accountancy Economics Business Studies Commerce Subjects Business Organisation All Boards All Medium INR 400 / Hour
Class 6 - 8 Mathematics Accountancy Economics Commerce Subjects Algebra All Boards INR 200 / Hour
  • Question: What is the difference between gross and net profit?

    Posted in: Accountancy | Date: 18/02/2018

    Answer:

    Gross Profit = Sales minus Cost of Sales 

    Cost of Sales = Purchases + Incidental Expenes + Factory Expenses

    Net Profit = Gross Profit minus office expenses minus selling minus financial expenses 

  • Question: What is an annual salary?

    Posted in: Accountancy | Date: 18/02/2018

    Answer:

    Annual Salary means all the expenses that company is going to spend on you like monthly fixed salary, variable pay, annual bonus, mobile bill reimbursements, conveyance expenses etc

  • Answer:

    Easiest to start is sole proprietorship/sole trading concern. It requires no registration

    Following are its advantages-

    https://www.youtube.com/watch?v=hWYd31-KEKo&t=2s

     

     

  • Question: What is the problem of resource allocation?

    Posted in: Economics | Date: 13/06/2018

    Answer:

    Human wants are unlimited. However, resources available (to meet those unlimited human wants) are limited in nature. This gives rise to the problem of resource allocation. In other words, we need to decide how to allocate limited resources to produce goods and services that fulfill our wants (as not all wants can be satisfied due to lack of unlimited resources). The allocation of resources has to happen in such a way that it leads to maximum satisfaction of human wants.

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