Question
Charu and Chetan started a business by investing Rs.
15,000 and Rs. 20,000 respectively. Charu 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 Charu and Chetan at the end of the year is Rs. 3000, then find the profit (before commission was given to Charu) earned by them.Solution
Let the profit earned before commission was given to Charu be Rs. ‘100x’.  Commission of Charu = 100x × 0.16 = Rs. 16x.  Ratio of profit shares of Charu to Chetan = 15000:20000 = 3:4.  Profit earned by Charu = (100x – 16x) × (3/7) = Rs. 36x.  Profit earned by Chetan = (100x – 16x) × (4/7) = Rs. 48x.  According to the question,  36x + 16x – 48x = 3000,  Or, 2x = 3000,  So, x = 1500.  So, required profit = 1500 × 100 = Rs. 1,50,000
Assertion (A): Macro-economic deals with the study of aggregates and averages.
Reason (R): Central problem of macro-economics is the determina...
Which of the following is the implementing agency for the 'BHARAT' campaign?
If the net foreign investment inflows for the year 1997 were to grow by 20% and if the proportion of inflows was to remain the same as in case of the ...
What is card tokenization?
The balanced reaction for following chemical reaction is:Â
Barium sulphate + Aluminium chloride → Barium chloride + Aluminium sulphateÂ
If 40 : 35 :: 35 : x, find the value of x.
Consider the following statements:
- The act of working at an extra job
- Mostly done in IT sector
- Swiggy ...
Which of the following causes Swine flu ?
Bleaching powder contains
Select the correct balanced reaction for CuO + NH₃ → Cu + N₂ + H₂O.