Question
Ravi and Kunal initiated a joint venture by contributing
Rs. 6,000 and Rs. 7,200 respectively. After 6 months, Ravi boosted his investment by 30% and Kunal added Rs. 1,800 more. At the end of the year, what fraction of the total profit does Ravi receive?Solution
ATQ,
Increased investment of Ravi = 6000 × 1.30 = Rs. 7,800
Increased investment of Kunal = 7200 + 1800 = Rs. 9,000
So, respective ratio of profit shares of Ravi and Kunal =
(6000 × 6 + 7800 × 6):(7200 × 6 + 9000 × 6)
= (36000 + 46800):(43200 + 54000)
= 82800:97200
= 23:27
So, proportion of profit share of Ravi out of total profit = 23 ÷ (23 + 27) = 23/50
Which country recently tested its first photo-voltaic (solar) highway?
The minimum amount of Gold Reserves to be held by the Reserve Bank of India(RBI) ?
Which of the following is not related to Computer Processor?
Swami Sahajanand Saraswati edited which journal?
Capital city of Uruguay is
Which district of Uttarakhand has the highest fish production (thousand metric ton) in the state as per 2022-23?
Macroeconomic stability is very important for development of financial markets
In the recently released survey by Government of India, which state has the highest Gross Enrollment Ratio (GER) in higher education?
Which nation was recently admitted to the BRICS New Development Bank (NDB)?
______ state has launched the School of Eminence Scheme recently?
Relevant for Exams:
