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As per Section 30(5) of the Indian Partnership Act, 1932: A minor who was admitted to the benefits of partnership must decide within six months of attaining majority (or of becoming aware that they had been admitted, whichever is later) whether they want to become a full partner. They must also: • Give public notice of their decision within these 6 months. • If no notice is given, they are deemed to have become a partner in the firm after 6 months.
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Efficiency of A, and B are in the ratio of 3 : 4. If both can do a work together in 30 days. Find out how much days A will take to complete the work alone?
A work can be completed by ‘A’ and ‘B’, alone in 10 days and 15 days, respectively. Find the number of days taken by ‘C’ to complete the sam...
X, Y, and Z alone can complete a language translation in 60, 90, and 36 days respectively. They started working together, but after 5 days, Z left the j...
Ratio of the work done by P, Q and R in one day is 7:3:8 respectively. They all together can complete the work in 42 days. Q and R worked on it for 21 d...
A can complete a task 40% more efficiently in 25 days, whereas B, with a 25% efficiency boost, can finish the same task in 21 days. They collaborated at...
