Question
A, B and C invested in a business in the ratio 6:8:9. If
B invested for a period whose numerical value is 112.5% of B’s investment but A and C invested for one year. If profit of B at the end of year is Rs.16750 then what is the share of profit of C?Solution
Profit will be share in the ratio = 12 × 6 : 8 × (9/8 × 8) : 9 × 12 => 12 × 6 : 8 × 9 : 9 × 12 => 2 : 2: 3 C’s profit = 16750 × 3/2 = Rs. 25125
Which section of SARFAESI Act deals with measures of Asset Reconstruction?
What percentage of India’s Public-Private Partnership (PPP) projects has IIFCL participated in, as per the Annual Report of IIFCL 2023-24?
...What does "ESG" stand for in the context of BRSR and SEBI's requirements?
A company's financial statements show a profit margin of 15% and a return on equity (ROE) of 20%. What is the company's asset turnover ratio assuming fi...
Calculate Net Profit Ratio:
India is a nation with one of the highest populations. India’s National Population Policy (NPP) states its immediate objective as addressing the unmet...
In the Union Budget 2024-25, the government reduced the corporate tax rate on foreign companies to encourage FDI. What was the revised corporate tax ra...
In the context of company finances, there is a specific portion of the company's capital that is reserved and can only be called up under particular cir...
Which of the following issues of securities shall be made through the EBP platform (Electronic Book Provider)?
All revenues received by the Government, loans raised by it, and also receipts from recoveries of loans granted by it, together form the _________.