Question
Aman, Baman and Chaman started a business with
investments of 10000, 1500 and 2000 respectively. After 9 months from start of the business , Baman and Chaman invested additional amounts in the ratio of 2: 1 respectively. If the ratio between total annual profit and Chaman’s share in the annual profit was 4:1, what was the additional amount invested by Baman after 9 months .Solution
In an inventory control model the ‘Buffer stock’ is the level of stock
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