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The Income Tax department was observed on July 24 every year as Income Tax Day or Aaykar Diwas, to commemorate the introduction of provision of income tax in the country.
Two partners, 'P' and 'Q,' invested in a business with initial amounts of Rs. 4,800 and Rs. 7,200, respectively. 'P' maintained the investment for 15 mo...
If the ratio of time periods of investment of A and B is 4:5, profit at the end of the year is Rs.120000 and A’s share in it is Rs.30000, then what is...
A and B started a business. After 3 years they received Rs 1245 as profit in which A's share is Rs 720, then find the ratio of investment of A and B.
‘Ravi’ and ‘Sameer’ invested Rs. ‘y’ and Rs. ‘1.5y’ in a business respectively. After four months, both of them increased their investme...
‘A’ and ‘B’ entered into a partnership by investing Rs. 2500 and Rs. 3500, respectively. If ‘A’ invested his sum for only 7 months and the t...
"Karan" and "Arjun" launched a business, with "Karan" contributing 25% more capital than "Arjun." 8 months later, 'Arjun' pulled out of the investment. ...
A, B and C invest in a partnership in the ratio 4:3:6 and investment of A is Rs.200 less than investment of C. Partner B invests for 1/5th and A and C i...
A and B started a retail store with initial investments in the ratio 6:7 and their annual profits were in the ratio 4:5. If A invested the money for 7 m...
Raj invested Rs.42000 in a business. After 4 months, Rohan joins him with an investment of Rs.P. If at the end of the year the profit is Rs.58000 and pr...
Palash invest thrice the sum invested by Vicky and withdraws half of the sum after 3 months and again withdraws half of the remaining sum after 5 months...