{"id":55179,"date":"2024-04-16T00:22:59","date_gmt":"2024-04-16T00:22:59","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=55179"},"modified":"2024-04-16T00:22:59","modified_gmt":"2024-04-16T00:22:59","slug":"a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/","title":{"rendered":"A club received Rs. 1,00,000 as a donation for the year 1998. The amount of donation received was Rs. 15,000 on 31st December 1998 and Rs. 20,000 on 31st December 1997. The amount of income as donation for year 1998 is-"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Rs. 1,05,000&#8243; option2=&#8221;Rs. 90,000&#8243; option3=&#8221;Rs. 1,15,000&#8243; option4=&#8221;Rs. 95,000&#8243; correct=&#8221;option2&#8243;]<!--more--><\/p>\n<p>The correct answer is: B. Rs. 90,000<\/p>\n<p>The amount of donation received in 1998 is Rs. 1,00,000 &#8211; Rs. 20,000 = Rs. 80,000.<\/p>\n<p>The amount of donation received on 31st December 1998 is Rs. 15,000.<\/p>\n<p>Therefore, the amount of income as donation for year 1998 is Rs. 80,000 &#8211; Rs. 15,000 = Rs. 65,000.<\/p>\n<p>Option A is incorrect because it is the total amount of donation received in 1998.<\/p>\n<p>Option C is incorrect because it is the total amount of donation received in 1998 plus the amount of donation received on 31st December 1998.<\/p>\n<p>Option D is incorrect because it is the total amount of donation received in 1998 minus the amount of donation received on 31st December 1998 plus the amount of donation received on 31st December 1997.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Rs. 1,05,000&#8243; option2=&#8221;Rs. 90,000&#8243; option3=&#8221;Rs. 1,15,000&#8243; option4=&#8221;Rs. 95,000&#8243; correct=&#8221;option2&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[],"class_list":["post-55179","post","type-post","status-publish","format-standard","hentry","category-accounting","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>A club received Rs. 1,00,000 as a donation for the year 1998. The amount of donation received was Rs. 15,000 on 31st December 1998 and Rs. 20,000 on 31st December 1997. The amount of income as donation for year 1998 is-<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A club received Rs. 1,00,000 as a donation for the year 1998. The amount of donation received was Rs. 15,000 on 31st December 1998 and Rs. 20,000 on 31st December 1997. The amount of income as donation for year 1998 is-\" \/>\n<meta property=\"og:description\" content=\"[amp_mcq option1=&#8221;Rs. 1,05,000&#8243; option2=&#8221;Rs. 90,000&#8243; option3=&#8221;Rs. 1,15,000&#8243; option4=&#8221;Rs. 95,000&#8243; correct=&#8221;option2&#8243;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/\" \/>\n<meta property=\"og:site_name\" content=\"MCQ and Quiz for Exams\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-16T00:22:59+00:00\" \/>\n<meta name=\"author\" content=\"rawan239\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"rawan239\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"A club received Rs. 1,00,000 as a donation for the year 1998. The amount of donation received was Rs. 15,000 on 31st December 1998 and Rs. 20,000 on 31st December 1997. The amount of income as donation for year 1998 is-","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/","og_locale":"en_US","og_type":"article","og_title":"A club received Rs. 1,00,000 as a donation for the year 1998. The amount of donation received was Rs. 15,000 on 31st December 1998 and Rs. 20,000 on 31st December 1997. The amount of income as donation for year 1998 is-","og_description":"[amp_mcq option1=&#8221;Rs. 1,05,000&#8243; option2=&#8221;Rs. 90,000&#8243; option3=&#8221;Rs. 1,15,000&#8243; option4=&#8221;Rs. 95,000&#8243; correct=&#8221;option2&#8243;]","og_url":"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/","og_site_name":"MCQ and Quiz for Exams","article_published_time":"2024-04-16T00:22:59+00:00","author":"rawan239","twitter_card":"summary_large_image","twitter_misc":{"Written by":"rawan239","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/","url":"https:\/\/exam.pscnotes.com\/mcq\/a-club-received-rs-100000-as-a-donation-for-the-year-1998-the-amount-of-donation-received-was-rs-15000-on-31st-december-1998-and-rs-20000-on-31st-december-1997-the-amount-of-income-as-donatio\/","name":"A club received Rs. 1,00,000 as a donation for the year 1998. 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