Question
X, Y and Z started a business by investing Rs. 'p', Rs.
'p + 2000' and Rs. '4p', respectively. 8 months later, both X and Z withdrew their respective investments. If at the end of a year, the business made a profit of Rs. (39p +18000) , then What will be the profit share of 'Y'.Solution
ATQ, Ratio of profit shares of X, Y and Z, respectively: = (8 × p) : {12 × (p + 2000) } : (8 × 4p) = 8p : (12p + 24000) : 32p = 2p:(3p + 6000) : 8p So, profit share of 'X' = [(3p+6000)/(2p+3p+6000+8p)] × (39p+18000) = = {[3(p+2000)/(13p+6000)] ×3×(13p+6000)} = Rs.9(p+2000)
What does misrepresentation mean as laid down under the Contract Act?
What is the minimum duration that a trading plan must cover as per the provisions of SEBI (Prohibition of Insider Trading) Regulations?
Before making any decision under Section 7 of the RTI Act, what must the Central or State Public Information Officer do?
What do the Articles of a Company primarily contain?
Under the Prevention of Money Laundering Act (PMLA), 2002, which of the following is the first step in the process of investigation into money laundering?
Who may give evidence of a contemporaneous agreement varying the terms of the document?
An intention is
 If a driver does not produce his license____.
The term goods under the MSMED Act refer to ______________ as per the MSMED Act
A prospectus shall not be a valid prospectus if it has been issued _____________