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Since, ‘A’ and ‘B’ invested their sums for equal period, therefore, ratio of the profit received by ‘A’ and ‘B’ will be equal to the ratio of sum invested by them i.e. 6:7, respectively Let the total profit received by them be Rs. 100x Therefore, profit distributed between ‘A’ and ‘B’ = 0.78 × 100x = Rs. 78x Profit received by ‘A’ = 78x × (6/13) = Rs. 36x According to the question, 36x = 1764 Or, x = 49 Therefore, total profit received by ‘A’ and ‘B’ = 100x = Rs. 4900
Calculate the interest coverage ratio of a company is it reported Net profit after tax of Rs.60,000, falls under 40% Tax rate and has 15% Debentures of ...
What is the loan limit for education under priority sector lending (PSL) norms as revised in March 2025 ?
Under the Atal Pension Yojana, a n income tax payer will not be eligible for this scheme effective ______
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Which of the following are the difference(s) between swaps and futures contracts?
1. Swaps are typically short term, whereas futur...
A company earns profit of Rs.175000 in the first year of operations. It’s issued capital consists of 70,000 shares of Rs.10 each. If the market value ...
Which of the following best describes a Pledgee?
In January 2022, RBI came out with Registration of Factors (Reserve Bank) Regulations 2022. As per the regulations, every company seeking registration a...
A uses the Cash Budget Method to determine which of the following?
Which of the following types of decisions are incorporated with financial decisions:
A. Investment decisions
B. F...