Question
A starts business with Rs.10000 and after 5 months, B
joins with A as his partner. After a year, the profit divided in the 5:7. What is B’s contribution in the capital?Solution
Let B’s capital be Rs x. Then, according to the question, ⇒  (10000 x 12)/7x = 5/7 ⇒  x = (10000 x 12 x 7)/(7 x 5) ⇒  x = Rs.24,000
When service of summons has to be made on defendant and he is absent from his residence and not likely to return in a reasonable time, which of the foll...
If the quorum is not present within half-an-hour from the time appointed for holding a meeting of the company the meeting, if called by requisitionists ...
In, “Neither accusation is true”, the word. “neither” is a: =
Which section of the IPC delas with limit of solitary confinement?
Competition Act, 2002 replaced the MRTP Act, 1969 on the recommendation of which committee?
Aeronautical communication station" means a station in the aeronautical communication service which includes _______________as per the Airport Authority...
As per the Insurance Act, 1938 an insurance company shall not be wound up voluntarily except _________________
What is the essential requirement for false imprisonment?
Who is the ex- officio chairman of the Council of States?
Which doctrine does Vicarious Liability follow, involving the responsibility of a superior for the acts of its subordinate?