Question
A and B enter into a partnership with their initial sum
of Rs.15000 and Rs.25000 respectively. After 6 months, a third person C also joins them with his initial sum Rs.10000. After a year if total profit is Rs.6300 then find the profit share of B.Solution
Profit of A : B : C = 15000 x 12 : 25000 x 12 : 10000 x 6 = 3:5:1 Therefore, profit of B = (5/9) x 6300 = Rs.3500
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Section 39 of Insurance Act related with which of the following ?
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Which among the following is not a characteristic of ethical behaviour?Â
