Question
Bina and Bimal started a business by investing Rs.
25,000 and Rs. 35,000 respectively. Bina also worked as the active manager and for that, she is entitled to receive a commission which is equal to 16% of the profit. If the difference between the amount received by Bina and Bimal at the end of the year is Rs. 6000, then find the profit (before commission was given to Bina) earned by them.Solution
 Let the profit earned before commission was given to Bina be Rs. ‘100x’.  Commission of Bina = 100x × 0.16 = Rs. 16x.  Ratio of profit shares of Bina to Bimal = 25000:35000 = 5:7.  Profit earned by Bina = (100x – 16x) × (5/12) = Rs. 35x.  Profit earned by Bimal = (100x – 16x) × (7/12) = Rs. 49x.  According to the question,  35x + 16x – 49x = 6000,  Or, 2x = 6000,  So, x = 3000.  So, required profit = 300 × 100 = Rs.3,00,000.
Which one of these online marketplaces becomes the first major platform to offer direct mutual funds to consumers?
Select the wrong statement regarding Veer Chandra Singh Garhwali Self-Employment Project--
What is the financial outlay approved by the Union Cabinet for the continuation of PM-AASHA schemes until 2025-26?
Who was the first Chief Commissioner of Chandigarh?
DU PONT Analysis deals with:
What was India’s rank in the 2024 Global Nature Conservation Index (NCI), and what was its score?
Cairn Energy Co. is headquartered in which country?
Where is the Kodaikanal Solar Observatory situated?
When did the British Government call the Indian leaders for the first Round Table Conference?
On which date has the United Nations designated as World Football Day?