Question
A and B started a business with respective investments
of Rs 25000 and Rs 15000. The number of months for which B invested was 4 less than the number of months for which A had invested. If the ratio of the total profit to A’s share in profit was 7:5, then what was the number of months for which B invested in the business?Solution
Let A invested for a months and B invested for B for (a - 4) months So, (25000 x a) : 15000 x (a - 4) = 5:2 a = 12Â Hence, A invested Rs 25000 for 12 months and B invested Rs 25000 for 8 months
Who defined the various roles of a manager into three categories of interpersonal informational and decisional roles?
Which of the following is not an operational decision?
Fish-bowling is a variation of which of the following decision-making technique?
_________ are mental shortcuts that allows people to solve problems and make judgments quickly and efficiently.
A manager who uses anchoring bias to make decisions is guilty of doing which of the following?
Manish is going on a vacation and needs to book a hotel. He shortlists 3 hotels and is now comparing them on basis of cost, facilities available and pro...
Which of the following theory states that people are averse to losses?
Relevant for Exams:
