Question
Three partners Amit, Binod and Chanda Funded their
amounts in 4:3:10. At the end of 5 months, Amit withdraws his amount such that total investment of Amit and Binod will be ½ to Chanda’s opening investment. If Binod portion in profit is Rs 1008. What will be the annual profit.Solution
Let the ratio of Funded by  Amit , Binod and chanda is given as = (4:3:10) x 5 After 5 months, therefore ratio will became - (2:3:10) x 7 Now, the Investment will became=20:15:50 Then, After 5 months it will be =14:21:70  Total profit=(1008 x 190)/36 = = 191520/36 = 5320
Which option DOES NOT pertain to "import" as defined in the SEZ Act?
According to Indian Partnership Act, 1932 According to the law, what rights does a minor have when admitted to the benefits of partnership in a firm?
According to the Motor Vehicles Act if the Court or other authority refuses to cancel or vary a disqualification order, when can a person make a second ...
Plaint is covered under which order of CPC?
When was the Constitution adopted?Â
A settlement agreement shall have the same effect and status like that of _________.
Where debentures are issued by a company, the company shall create a debenture redemption reserve account_______________
What was held by the Court in the case of Powell v. Lee?
“Volenti non fit Injuria” a principle of Tort Law, has a similar principle incorporated under which provision of the Indian Penal Code?
Which case is the pioneer in the History of PILs?
Relevant for Exams:
