Question
‘M’ started a business with an investment of Rs.
5000. After 2 months ‘N’ joins the business with an investment of Rs. 2950. If the total profit earned by them together at the end of the year is Rs. 5370, then find the annual profit share of ‘N’?Solution
Ratio of profit share of ‘M’ and ‘N’ = (5000 × 12):(2950 × 10) = 120:59 Profit share of ‘B’ = (59/179) × 5370 = Rs. 1770
As per the Recovery of Debts and Bankruptcy Act where an appeal is preferred by any person from whom the amount of debt is due to a bank or a financial...
Under The Indian Contract Act, 1872, a Contract to perform the promise or discharge the liability of a third person in case of his default,:-
Which section of Bharatiya Sakshya Adhiniyam excludes evidence of character in criminal trials unless character itself is directly in issue?
The doctrine of “Res Gestae” is incorporated under which section of the Indian Evidence Act, 1872?
Section 120A and B of IPC talks about the offence of?
If the Directive Principles of State Policy is infringed
Which section of the Indian Evidence Act, 1872 deals with Refreshing memory?
Every agreement in restraint of the marriage of any person _______________
Which of the following is not true about judicial intervention in arbitration proceedings?
All of the following are sources of administrative law, EXCEPT:
Relevant for Exams:
