Question
Entrepreneurs 'R' and 'M' ventured into a business
together, contributing capital in the ratio of 4:3. The time periods for which 'R' and 'M' invested are in the ratio of 3:4. Now, if the total profit they earn stands at Rs. X, can you determine what percentage of 'M's profit share 'R' is entitled to?Solution
ATQ, Let the investment of 'R' and 'M' be Rs. 4a and Rs. 3a, respectively. Also, let the time period of investment by 'R' and 'M' be 3b and 4b years, respectively. So, ratio of profit share of 'R' and 'M' = 12ab: 12ab = 1:1 Hence Required percentage = (1/1) × 100 = 100%
Recently the European Commission approved Bavarian Nordic's Imvanex vaccine for use against Monkeypox in EU. It is generally used for the treatment of__...
Who will take charge as the Vice President for Investment Operations for South Asia, the Pacific Islands and South East Asia of Asian Infrastructure Inv...
What was the theme for World Habitat Day 2022?
Reliance General Insurance has raised _________ by issuing shares to parent Reliance Capital, which will help the company accelerate growth & aims to ex...
Consider the following statements about Middle-income trap:
I. Middle-income trap is a situation in middle-income countries where they are not ab...
Which airport in India has been ranked the world ’ s 10th busiest?
When was the first FIFA World Cup held?
How many jobs were created in the manufacturing sector in FY23 according to the Annual Survey of Industries (ASI)?
What is a primary objective of the United Nations' first global resolution on Artificial Intelligence (AI), adopted unanimously by the General Assembly?
Who has been elected as the next President of the Asian Infrastructure Investment Bank (AIIB)?Â
Relevant for Exams:
