Question
A and B entered into a business investing Rs. (x + 45)
and Rs. (x – 55) respectively. After one year they invested Rs. 70 more and Rs. 140 more respectively. After 2 years, ratio of the profit shares of A to B is 6:5. Find the value of x.Solution
Ratio of profit share of A to B = [x + 45 + x + 45 + 70]:[x – 55 + x – 55 + 140] = [2x + 160]:[2x + 30] According to question; (2x + 160)/(2x + 30) = 6/5 => 10x + 800 = 12x + 180 => 2x = 620 => x = 310
S Ltd. took a loan from the bank for 10,00,000 to be settled within 5 years in 10 equal half yearly instalments with interest. The first instalment is ...
A bank prepares a CMA report to analyse and understand the financial health of a prospective borrower . What does the form VI of CMA report relate to ?�...
What will be the net profit ratio of the company, as per the above information, for the year ended 31 March 2020?
The inter-regulatory body to strengthen the mechanism for maintaining financial stability and promoting financial sector development is _________
Every business aims for effective communication. A message sent out by the Board of Directors to the management of the company will be deemed effective...
RSP Ltd has a net profit margin of 12% and a total asset turnover of 1.2 times and a financial leverage multiplier of 1.2 times. RSP Ltd’s return on ...
Liability of partners in a partnership business is
How many Urban Cooperative Banks (UCBs) had their licenses revoked by the RBI in 2024 alone?
 Which of the following best describes financial arbitrage?
A ___________ is a type of letter of credit which authorises the Advising Bank, to transfer the credit available to one or more other beneficiaries at t...