_________ expenses are the additional expenses incurred by a buyer for an item over and above its cost of purchase.

A person purchases 100 pens at a discount of 10%. The net amount of money spent by the person to purchase the pens is Rs. 600. The selling expenses incurred by the person are 15% on the net cost price. What should be the selling price for 100 pens in order to earn a profit of 25%? A)Rs. 802.50 B)Rs. 811.25 C)Rs. 862.50 D)Rs. 875

State whether the following expenses are capital or revenue in nature: (i) Expenses on whiteashing and painting of a building purchases to make it ready for use. (ii) Rs 10,000 spent on constructing platform for a new maching (iii) Repair expenses of Rs 25,000 incurred for whitewashing of factory building (iv) Insurance premium paid as renewal premium (v) Purchased a new car.

The rate of premium is 2% and other expenses are 0.075%. A cargo worth Rs.3,50,100 is to be insured so that all its value and the cost of insurance will be recovered in the event of total loss.

The rate of premium is 2% and other expenses are 0.075%. A cargo worth Rs.3,50,100 is to be insured so that all its value and the cost of insurance will be recovered in the event of total loss.