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Section 8 company is registered as a non-profit organization under the Companies Act, 2013. Section 8 companies are registered when the company has the motive to promote arts, commerce, education, social welfare, or any other income obtained to promote objectives.
A and B enter into a partnership with their initial sum of Rs.32000 and Rs.40000 respectively. After 8 months, a third person C also joins them with his...
If a sum of money is to be divided among A, B, C such that A’s share is equal to twice B’s share and B’s share is 5 times C’s share then their s...
A invested Rs. X in a scheme. After 6 months, B joined with Rs 4000 more than that of A. After an year, ratio of profit of B to the total profit was 3: ...
Puneet and Malti ventured into a business with Rittu. Puneet's initial investment is 20% less than Malti's. The ratio of Puneet's initial investment to ...
Ashish started a business by investing Rs. 4900. Few months later; Ramesh joined him by investing Rs. 5600 such that at the end of the year, the profit ...
A and B together started a business with initial investment in the ratio of 4:5, respectively. The time-period of investment for A and B is in th...
‘A’ and ‘B’ entered into a partnership by investing Rs. 9000 and Rs. 5200, respectively. If ‘A’ invested his sum for only 8 months and the t...
In a business there are two partners ‘P’ and ‘Q’. ‘P’ started the business with the capital of Rs. 24000 and after 3 months ‘Q’ joined h...
‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:6:9, respectively. At end of the year, if the difference be...