Question
Three friends, Palak, Shinu, and Riya, joined forces to
start a partnership business, contributing money in the ratio of 5:4:2, respectively, for a duration of 3 years.Determine Palak's share in the total profit. I. The total investment in the business is Rs. 44,000. II. The total profit at the end of 3 years is 3/8 of the total investment. III. The average amount of profit earned per year is Rs. 5,500. These statements provide information about the investment, total profit, and average annual profit, seeking to find Palak's share in the overall profit.Solution
ATQ, From I and II: Profit = 44000×(3/8) = 16500 Palak’s share = 16500×(5/11) = 7500 Fom III: Total profit = 5500*3 = 16500 Palak’s share = 16500×(5/11) = 7500 So, I and II together and III alone are sufficient.
Consider the following statements about Lucy Mission:
1. It is the mission of JAXA
2. It will explore Jupiter’s elusive Trojan ast...
Who has won the Men’s singles title at the Australian Open 2025?
Who won the men’s doubles champions in the Indonesia Open 2023?
What material is used in weaving Ryndia silk that earned it the GI tag?
Which small finance bank's MD & CEO, Inderjit Camotra, was reappointed by the Reserve Bank of India for an additional two years?
Where will the final match of the ICC Men's Cricket World Cup 2023 be played?Â
Where was the panel discussion on the role of the G20 in creating global economic stability held?
Mobile application app 'Sarpanch Samvad' was unveiled in which state?
Who is the richest person in the world as per the May 2024 Bloomberg Billionaires Index?
Badri Narayan won the Sahitya Akademi Awards 2022 for which of the following types of literary work?
