Question
Raj starts a business with an initial investment of Rs.
15,000. After 6 months, Ravi joins the business by investing Rs. 2,000 more than Raj. After nine months from starting, Raj withdraws 20% from his initial investment. Find the ratio of their profit at the end of 1.5 years.Solution
ATQ, Initial investment of Ravi = 15,000 + 2,000 = Rs. 17,000 Ratio of profit shares of Raj to Ravi at the end of 18 months: = [15,000 X 9 + (15,000 X 0.80) X 9]:[17,000 X 12] = [135,000 + 108,000]:[204,000] = 243,000:204,000 = 81:68
The Reserve Bank of India (RBI) has approved SBI Mutual Fund, along with other SBI group companies, to hold a 9.99% stake in which private bank?
In which district of Rajasthan a 'War Museum' was established in August, 2015?
Which of the following animals breathes through its skin?
Which one of the following attributes is required for internal linking in HTML?
Out of given countries, which is not a part of G20?
Name the type of nutrition in which the organism takes in nutrients in solution form from dead and decaying matter.
RBI has increased the household income limits for borrowers of Non-Banking Financial Companies (NBFC) - Microfinance Institutions (MFI) from 1 lakh to ...
Congress Socialist Party (CSP) was formed in the year
What is the name of the Khelo India Winter Games 2024 mascot (a snow leopard)?
‘Operation Mukti Abhiyan’ in Uttarakhand state is related to –