Question
Ajay and Vijay started a business with investments of
Rs. 25,000 and Rs. 15,000, respectively. After 9 months, Sanjay joined them with an investment equal to Vijay. If at the end of the year profit share of Ajay is Rs. 10,000, then find the annual profit share of Sanjay.Solution
Ratio of annual profit shares of Ajay, Vijay, and Sanjay, respectively: (25,000×12):(15,000×12):(15,000×3)=25:15:3.75=100:60:15=20:12:3 Required profit share of Sanjay:
Management tactics purported to maximize innovation for an entrepreneurship include all but which of the following items?
The skill to handle people and to influence their behaviour is known as _____
What does the term "bootstrapping" mean in the context of entrepreneurship?
Which Indian government scheme aims to provide credit facilities to small and microenterprises in the manufacturing and service sectors?
Which of the following is NOT a characteristic of entrepreneurial mindset?
What is the role of incubators and accelerators in the startup ecosystem?
A bonus or financial aid which is given by a government to an industry to help it compete with others in markets is known as _____
Which of the following is not an aggressiveness strategy?
What is the primary purpose of innovation in entrepreneurship?
Which of the following is NOT a characteristic of successful entrepreneurs?