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Money received tomorrow is less valuable than money received today. This concept is based on the principle of time value of money, which states that a sum of money received today is more valuable than the same sum of money received in the future. This is because money has the potential to earn interest or returns when invested, and receiving it earlier allows for more investment opportunities. Due to inflation and the opportunity cost of not having the money available for investment or consumption, money received in the future is worth less than money received today. Therefore, it is generally preferred to receive money sooner rather than later.
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P and Q entered into partnership with Rs. 8000 and Rs. 12000 respectively. After 4 months P withdrew `1/4` of his stock but after 4 months more he put b...
A, B, and C started a partnership with initial investments of Rs. 17,200, Rs. 25,800, and Rs. 32,250, respectively. After 20 months, C completely withdr...
M and N started a business by investing Rs.5000 and Rs.6800 respectively. After 6 months, M and N increased their investments by 40% and Rs.2400 respect...
A’, ‘B’ and ‘C’ started a business by investing Rs. 8,000, Rs. 9,500, and Rs. 7,500, respectively such that ‘B’ invested for 2 months more...
Armaan, Malik, and Chinky collectively invested Rs. 1.05 lakh in a business. The investment ratios among them are such that Armaan's investment to Malik...
‘A’ started a business by investing Rs. 1800. Four months later, ‘B’ joined by investing Rs. ‘x’. If at the end of the year ‘B’ received...
A started a business with an investment of Rs.1500. After some months, B joins the business with an investment of Rs.3000 and after two more months C jo...
A and B entered into a business investing Rs. (x + 60) and Rs. (x – 55) respectively. After one year they invested Rs. 120 more and Rs. 150 more respe...
A and B invested Rs.6000 and Rs.9000 in a business respectively and after 5 months B withdrawn 50% of his initial investment and again after 5 months he...