Question
M and N started a business by investing Rs.5000 and
Rs.6000 respectively. After 7 months, M and N increased their investments by 60% and Rs.2100 respectively. The annual profit share of N was Rs.2200. Find the total annual profit received by them together.Solution
Increased investment of M = 5000 x 1.6 = Rs.8000 Increased investment of N = 6000 + 2100 = Rs.8100 Ratio of profit share of M and N = (5000 x 7 + 8000 x 5) : (6000 x 7 + 8100 x 5) = 10:11 So, total annual profit received by them together = 2200 x (21/11) = Rs.4200
How many stressed accounts have been identified for transfer to NARCL (National Asset Reconstruction Company Limited) in a phased manner initially
Which of the following is not one of the branches of quantitative approach to management?
Which of the following is not likely to be a motivation to overreport earnings?
Calculate P/E Ratio from the following:
Equity share capital @ 10 each : 800000
9% preference share capital: 300000
 Profit (afte...
The Banking Regulation Act, 1949 is a key Act to regulate all banking firms in India. What is covered under the Section 24 of this Act?
Pradhan Mantri Shram Yogi Maan-Dhan Yojana assures a minimum assured pension of ________ upon attaining the age of 60 years.
What will be the impact on Return on Equity (RoE) if cash is paid to the creditors?
What was the increase in the insurance density in India in FY24 as per economic survey 2023-24?
Multi Commodity Exchange of India Ltd (MCX) deals with which of the following:
Which state received the highest Foreign Direct Investment (FDI) in Q1 FY25?
