Question
M and N started a business by investing Rs.5500 and
Rs.6500 respectively. After 6 months, M and N increased their investments by 40% and Rs.2400 respectively. The annual profit share of N was Rs.2100. Find the total annual profit received by them together.Solution
Increased investment of M = 5500 x 1.4 = Rs.7700 Increased investment of N = 6500 + 2400 = Rs.8900 Ratio of profit share of M and N = (5500 x 6 + 7700 x 6) : (6500 x 6 + 8900 x 6) = 6:7 So, total annual profit received by them together = 2100 x (13/7) = Rs.3900
How many autonomous bodies are under department of commerce, Ministry of commerce and industry
Which of the following mental states is not sufficient to constitute the offence of culpable homicide under Section 100?
Under administrative law, "Dichotomy" refers to:
The District Commission, the State Commission or the National Commission shall not admit a complaint unless it is filed
Which provision of the Environment (Protection) Act, 1986 empowers Central Government to constitute authorities for exercising powers including issue of...
Which of the following statements best describes the principle of progressive taxation?
Under Section 102, if A fires a shot intending to kill B but instead kills C, the culpable homicide committed is classified as:
Which of the following is true relating to Red- herring Prospectus?
In the case of Puttuswamy vs UOI, right to privacy was interpreted to be a Fundamental right guaranteed under Art. 14, 19 and 21 of the Constitution. Ho...
With reference to the "Decree" which of the following statement is wrong?
