Question
'Atul' and 'Bittu' started a business together with
investments of Rs. 4500 and Rs. 5000, respectively, for one year. They agreed to split 25% of their total profit equally and the remainder according to their investment ratios. If 'Bittu' ended up receiving Rs. 600 more than 'Atul', calculate the total profit they made.Solution
ATQ, Let the total profit received by them be Rs. 4x Therefore, amount to be splits among them in the ratio of the investments made by them = 0.75 × 4x = Rs. 3x Ratio of the investment made by them = 4500:5000 = 9:10 According to the question, (10/19) × 3x – (9/19) × 3x = 600 Or, x = (19 × 600)/3 = Rs.3800 Therefore, total profit received = 4x = 15200
The revenue recognition principle dictates that all types of incomes should be recorded or recognized when
According to the India State Forest Report 2021, which state has shown the highest increase in forest cover?
Which of the following is produced when hydrochloric acid reacts with water?
The property/properties that must be possessed by a material to be chosen for making heating element of heating devices are:
(i) high melting poi...
What is the result when the smallest fraction is subtracted from the largest fraction among the given values: 3/4, 9/2, 5/6, 2/3, and 4/5?
Which of the following is/are incorrect in regards to Veer Bal Diwas?
1.It was celebrated in 2021 for the 1st time.
2.It will be celebrate...
When did the LPG reform Budget was introduced in 1991?
Which creates an opportunity for the producers to reach beyond the domestic markets?
1st ASEAN-India Start-up Festival 2022 was held at ______________ .
Study the diagram and answer the question that follows.
A = Academicians, E = Teachers, D = Women, B = Men, and C = Doctors. The numbers inside t...
Relevant for Exams:
