Question
Mayank and Manoj started a business with investing
capital in the ratio of 8:15. After 4 months, Mayank reduced his (1 )/(4 ) portion of the capital and after 7 months, Manoj added his (1 )/(5 ) portion of the capital. If the total profit at the end of the year is Rs. 8,250, what would be Manoj’s share in it?Solution
Let the Mayank’s capital = 8 x Manoj’s capital = 15 x Total profit = Rs 8,250 According to the question, Total capital invested by Mayank = 8 x ×4+8 ×(8x-(8x )/4) = 32x + 48x = 80x Total capital invested by Manoj = 15 x ×7+5 ×(15x+(15x )/5) = 105x + 90x = 195x Share of Mayank and Manoj = 80 x : 195 x Share of Manoj = (8,250 )/(275 )× 195 = Rs. 5,850
Consider the following statements regarding amendments to PCA in 2018:
Statement 1: The 2018 amendments narrowed the definition of criminal misco...
According to the SEBI Act the Securities Appellate Tribunal shall________________
Section 10 of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013, deals with which of the fo...
Amoney decree carmot be executed against a woman judgment debtor by adopting one of the following modes:
What is the composition of the Appellate Tribunal under the Recovery of Debts and Bankruptcy Act?
Property of Union is:
As per Section 9(4), subject to sub-section (3), if the Central Vigilance Commissioner and other Vigilance Commissioners differ in opinion on any matter...
Punishment for cheating by personation under Section 319(2) of BNS may extend to:
Impeaching credit of witness is covered under which section of the Indian Evidence Act, 1872?
Section 438 BNSS empowers the High Court or Sessions Judge to:
Relevant for Exams:
