Question
Amit and Bhanu put Rs. 14,400 and Rs. 19,200,
respectively, into a startup. After 4 months, Chinu joined them with an investment of Rs. 10,800. If by the end of the year, the gap between Amit's and Chinu's profit shares was Rs. 1,260, what was Bhanu's profit share at the end of the year?Solution
ATQ, Ratio of profit shares of 'Aman', 'Bhanu' and 'Chinu' = (14400 X 12) :(19200 X 12) :(10800 X 8) = 6:8:3 Let the total profit earned by the startup be Rs.'17a' So, profit share of 'Aman' = 17a X (6/17) = Rs. '6a' And profit share of 'Chinu' = 17a X (3/17) = Rs. '3a' ATQ; 6a - 3a = 1260 Or, 3a = 1260 So, a = 420 So, profit share of 'Bhanu' = 17a X (8/17) = 8 X 420 = Rs.3,360
Which state in the 'Landlocked Group' category showed the lowest logistics performance in the LEADS 2024 report?
Telangana became the third state to conduct a caste-based survey in 2024. Which was the first state to conduct such a survey?
How much total fund was transferred to women under the Mukhyamantri Mahila Rojgar Yojana during the launch?
PHDCCI’s 2nd Global Spiritual Tourism Conclave “रूहmantic” — On which date will the conclave be held in Ujjain?
Recently Union Minister for Road Transport and Highways Shri Nitin Gadkari launched one of India’s first-ever Surety Bond Insurance product from which...
SEBI has asked market infrastructure institutions (MIIs) to set up and operate a common ODR Portal. The portal will harness online conciliation and onli...
What is the primary focus of the first Pey Jal Survekshan Awards scheduled for March 5, 2024?
TPL is the world’s first linear alkylbenzene (LAB) manufacturing company to be certified by the Bureau of Indian Standards (BIS). Where is TPL hea...
What is India’s estimated geothermal energy potential as per the National Geothermal Energy Policy?
What is the aim of the integration between India's UPI and Nepal's NPI as per the pact signed by RBI and Nepal Rastra Bank?