Question
A, B and C started a business with initial investments
in the ratio 3:4:9, respectively. After one year A, B and C made additional investments equal to 22%, 25% and 30% of their initial investments respectively. Find the profit share of B out of the total profit of Rs. 18180 after two years.Solution
Let the initial investments of A, B and C be Rs. 3x, Rs. 4x and Rs. 9x respectively. So the additional investment of A = 0.22 × 3x = Rs. 0.66x Additional investment of B = 0.25 × 4x = Rs. x Additional investment of C = 0.30 × 9x = Rs. 2.7x Ratio of investments of A, B and C = (3x + 3x + 0.66x):(4x + 4x + x):(9x + 9x + 2.7x) = 6.66x : 9x : 20.7x = 37 : 50 : 115 So the profit share of B = 50/(37 + 50 + 115) × 18180 = Rs. 4500
The scheme "Pradhan Mantri Matsya Sampada Yojana (PMMSY)" was launched by the Department of Fisheries; Ministry of Fisheries, Animal Husbandry, and Dair...
Which of the following is associated with fiscal policy?
Which of the following best describes the term ‘import cover’, sometimes seen in the news?
The Human Development Index (HDI) was developed by a select team of leading scholars, development practitioners and members of the Human Development re...
Pradhan Mantri Awaas Yojana- Gramin (PMAY-G)’s objective is to achieve the objective of “Housing for All” by _____________.
Which of the parameters given below are used by World Economic Forum to calculate Global Gender Gap Index:
I.Economic Participation and Opportuni...
Doubtful Debts are NPAs in the doubtful debts category have been past due for at least ___________.
The Paris Agreement is a legally binding international treaty on climate change. It was adopted by how many Parties at the UN Climate Change Conferenc...
PM Suraksha Bima scheme provides an annual premium of Rs. ___________ per annum per member.
Who among the following can join the National Pension System (NPS)?
Relevant for Exams:
