Question
A, B and C started a business with initial investments
in the ratio 4:5:6, respectively. After one year A, B and C made additional investments equal to 24%, 40% and 55% of their initial investments respectively. Find the profit share of B out of the total profit of Rs. 18130 after two years.Solution
Let the initial investments of A, B and C be Rs. 4x, Rs. 5x and Rs. 6x respectively. So the additional investment of A = 0.24 times; 4x = Rs. 0.96x Additional investment of B = 0.40 times; 5x = Rs. 2x Additional investment of C = 0.55 times; 6x = Rs. 3.3x Ratio of investments of A, B and C = (4x + 4x + 0.96x):(5x + 5x + 2x):(6x + 6x + 3.3x) = 8.96x : 12x : 15.3x = 448 : 600 : 765 So the profit share of B = 600/(448 + 600 + 765) times; 18130 = Rs. 6000
Which of the following pair is not correctly matched?
Boulwarism is a:
An example of intangible asset is:
Which type of accounting is most concerned with the day-to-day operations of a business?
When ants bite, they inject?
In a train, 40% of the passengers are females. Out of total number of passengers, 60% have unreserved tickets out of which 20% are females. How much per...
What major policy did Lord Arthur Wellesley implement during his tenure?
A, B, and C started a business. They partnered for 6 months, 12 months, and 14 months respectively. If their profit is in the ratio 5 : 4 : 7 respective...
Consider the following statements regarding the UDAN Scheme:
1.This is a regional connectivity initiative by the Government of India, where airli...
Works Committee, Safety Committee and Canteen Management Committee are the examples of