Question
A and B entered into a partnership and invested their
respective amounts in ratio of 2: 1. C and D entered into another partnership with initial investment ratio of 2: 1. Total investment of A and B was 25% less than that of C and D. If total profit of all 4 person at the end of year is Rs 10500, then find profit secured by A. (in Rs)Solution
Ratio of Profit of A and B = 2 : 1 Ratio of Profit of C and D = 2 : 1 Given that, total investment of A and B was 25% less than that of C and D Ratio of investment of A, B and C, D = 3 : 4 Total profit of all four persons = 10500 Investment of A and B = 3/7 × 10500 = Rs. 4500 Profit of A = 4500 × 2/3 = Rs. 3000
The mortgagor ostensibly sells the mortgaged property in-
If any default is made in transferring the total amount or any part to the Unpaid Dividend Account of the company, it shall pay, from the date of such d...
According to Indian Partnership Act, 1932 which of the following situations makes a person a partner in a firm?
Which of the following is a feature of doctrine of colorable legislation?
There shall be no appeal by convicted person where a Magistrate of the first class passes only a sentence of fine not exceeding
Service of summons on a male member of defendant’s family is ________
Which schedule of the Securities and Exchange Board of India (Prohibition Of Insider Trading) Regulations deals with Principles of Fair Disclosure for p...
Under the Prevention of Money-Laundering Act, 2002 the Central Government, in consultation with the ________________, shall, for trial of offence punish...
Falsus in uno falsus in omnibus i.e. false in one thing, false in everything, the said maxim is _______.
What is the meaning of the term ‘Codex Alimentarius’?
Relevant for Exams:
