Question
P and Q invested a total of Rs.32000 in a business.
Period of investment of P & Q is 10 months and 8 months respectively. If at the end of the year, P & Q received profit in the ratio 3:4 respectively, then find amount invested by P.Solution
Let amount invested by P be Rs.p. So, amount invested by Q = Rs. (32000 – p) So, profit sharing ratio of P to Q = (p × 10): [(32000 – p) × 8] => 5p ∶  (128000 – 4p) According to question, => 5p/(128000 – 4p) = 3/4 => p = Rs.12000
Which among the following is not an associate or subsidiary company of SIDBI?
As per the Economic Survey 2023-24, which sector's GVA grew by 9.9% in FY24?
In an inventory control model the ‘Buffer stock’ is the level of stock
Which of the following statement is true?
With reference to Millets, consider the following statements:
1.   The United Nations General Assembly, in its 75th session during March 2...
To enhance the customer experience through integrated services on its digital platform the public sector bank Indian bank has launched a bouquet of digi...
Which of the following is a result of a well-functioning financial market?
Which of the following risk is made up of transaction risk, default risk and portfolio risk?
Which of the following statements is incorrect about the capital receipts?
Â
Which of the following pairs is not correctly matched?
Relevant for Exams:
