Question
'Anil' and 'vineet' entered into a business with an
investment of Rs.40,000 and Rs.50,000, individually. After 4 months, 'shreya' joined them with an investment of Rs.65,000. If at the end of the year, the difference between profit shares of 'Anil' and 'vineet' is Rs. 450, then what will be the entire yearly profit (in Rs.) earned by them through the business?Solution
The ratio of profit share of 'Anil', 'vineet' and 'shreya' = (40,000 x 12):(50,000 x 12):(65,000 x 8) = 12:15:13 Let the total profit of 'Anil', 'vineet' and 'shreya' be '12x', '15x' and '13x', respectively. Given that, 15x - 12x = 450 x = 150 then, total profit = (12x + 15x + 13x)= 40x putting the value for x= 150; = (40 x 150) = Rs.6,000
- What financial autonomy does Navratna status provide to CPSEs?
How many total medals did Indian boxers win at the inaugural U-19 World Championships in Colorado, USA?
How are the clouded tiger cat's survival threats being addressed?
Consider the following statements about Card-on-File Tokenization:Â
1.     Recently RBI has now enabled card-on-file tokenisation (CoFT) t...
What initiative did the Department of Telecommunications (DoT) announce to transform rural life using 5G technology?
Which e-commerce marketplace announced the signing of a MoU with Varanasi to enable national market access for artisans, weavers, and people with disabi...
Which country officially marked the commencement of its 2024 BRICS Chairmanship on January 1, with a focus on fostering collaboration among BRICS nation...
Which bank has become the first bank to issue an 'ONDC Network Gift Card To revolutionize the shopping experience for Indian consumers & empower them ...
Who has recently inaugurated the National Tribal Research Institute in New Delhi?
5th edition of HUN- a Thadou Cultural Festival 2023, an annual cultural festival and a civilizing act of the Thadous community has been held. Where is t...