Three partners Karan, Arjun and Mukesh invest Rs 75,000, Rs 90,000, Rs 1,05,000 respectively in a business. Karan receives 12.5% of the profit as Manager and Arjun receives 7.5% of the profit as Assistant Manager, after which the remaining profit is divided in proportion to the capital subscribed by each. Find the share of Mukesh when Karan receives Rs 9,375.
Let the profit be Rs 100 The ratio of investment of Karan , Arjun & Mukesh = 75,000 : 90,000 : 1,05,000 = 5:6:7 As (12.5% + 7.5%) = 20% = 20 is distributed among Karan and Arjun for management and remaining 80% = 80 is distribution in all 3 as per profit. So share of Karan = 80 ×5/(5+6+7) + 12.5 = ( 80×5/18 )+ 12.5 = (200/9) + 12.5 = 312.5/9 units So 312.5/9 units = Rs. 9375 1 unit = Rs. 270 So Share of Mukesh =80 ×7/(5+6+7) = 280/9 units = 280/9× 270 = Rs. 8400
India will send Gaganyaan Mission by 2024 with 3 male Astronauts and a female robot named _______________ .
How are current liabilities used in financial analysis?
The average age of A, B and C is 28 years, while the average age of B, A and D is 24 years. If the ratio of the age of C and D is 5:3, respectively, the...
Under the Employees’ State Insurance Act, 1948, what is the minimum number of employees required for a company (With electric power) to be covered und...
Average speed of ‘A’ during a 24-hour journey is 32 km/h. If he covered the first 120 km of his journey at a speed of 20 km/h, then find the speed a...
A hemispherical bowl of radius 8cm is filled to brim with Beer. The beer is then poured into a vertical cone of radius 16cm and height 32 cm. Find the p...
According to a report of 2022 released by sipri, which two Indian defense companies have got a place in the list of top 100 defense companies?
Which of the following statements about Preamble is correct?
Inclusive of a profit of 20% Rishi sold a pair of footwear for ₹ 2172. What was the cost price of the pair of shoes?
The following provision, "Protection of monuments and places and objects of national importance" is a: