Question
Pooja and Meena are partners in a business. Pooja
(working) puts in Rs. 6000 and Meena (sleeping) puts in Rs. 4000. Pooja receives 20% of the profit for managing the business, and the rest is divided in proportion to their capitals. What amount does Pooja receive out of the total profit of Rs. 1000?Solution
Investment Ratio: Pooja: Meena = 6000: 4000 = 3: 2. Total Profit= Rs. 1000. Pooja's Management Share= 1000 × 20%  = 200 Rs. Remaining Profit= 1000 - 200 = 800 Rs. Proportional Distribution Ratio = 3: 2. Total Ratio Units= 3 + 2 =5. Pooja's Share of Remaining Profit= 800×3/5= 480 Rs. Total Amount Received by Pooja= 200 + 480 = 680 Rs.
Which of the following is the Appellate Tribunal under the Competition Act?
Match the following international courts/tribunals with their areas of jurisdiction as per Public International Law:
Courts/Tribunals:
Who are not competent to Contract as per the Contract Act?
Luther Vs. Sagor case deals with:
According to the Transfer of Property Act, when can a Court issue a precept to another Court for the attachment of the judgment-debtor's property?
Presumption as to electronic records is for records ________.
A preference shall be deemed to be given at a relevant time under the IBC if it is given to a related party, during the period of________________________
Under which section of the IPC, Gang rape is punishable?
Bar of Limitation is available against :
Privity of Contract means :
Relevant for Exams:
