Cash credit is a facility to withdraw money from a current bank account without having a credit balance but is limited to the extent of the borrowing limit, which the commercial bank fixes. The interest in this facility is not charged on the borrowing limit, which the bank gives but on the daily closing balance
A and B started a business with the investments of Rs. (z-2000) and Rs. (z+4000) respectively. After 4 months of the start of the business, B left it an...
‘M’ started a business with an investment of Rs. 2800. After 4 months ‘N’ joins the business with an investment of Rs. 2300. If the total profit...
G, L, and M initiated a Construction Materials business with investments of Rs. 4500, Rs. 2700, and Rs. 3600, respectively. After 3 months, G and M each...
Two partners A and B invested Rs 70,000 and Rs 50,000 respectively in a business. Both the partners distribute 75% of the profit equally and distribute ...
Aman is a working partner and Bablu is a sleeping partner in a business and Aman puts in Rs.5000 and Bablu puts in Rs. 6000.Aman received 15% of the pro...
A & B invested Rs. X and Rs. (X + 500) for same period of time in a business. If A gets Rs. 3200 as profit share out of total profit of Rs. 8...
‘A’ and ‘B’ invested Rs. 5000 and Rs. 4200, respectively in a business, together. After 6 months, ‘A’ withdrew 35% of his initial investment...
Calculate Amit's share of the profit if Amit and Bishnu invested their capital for 6 months and 7 months, respectively, in a ratio of 6:5, and the total...
A, B and C enter into a partnership with a capital in which A’s contribution is Rs. 10,000. If out of a total profit of Rs. 2000, A gets Rs. 800 a...
A and B started a business by investing Rs.400 and Rs.500 respectively. After 8 months, A increased his investment by Rs.900. Find the ratio of annual p...
