Question
Raj invested Rs.'x' and Mohan invested Rs.7000 in a
partnership. After 5 months, Raj increased his investment by 50% and after 7 months Mohan decreased the same by 30%. If at the end of the year, the total profit is Rs.3020, Out of which the profit of Raj is Rs.1550. Find the value of 'x'.Solution
ATQ,
Given: Raj: x for 5 months, then 1.5x for 7 months Contribution = 5x+1.5x×7=5x+10.5x=15.5x Mohan: 7000 for 7 months, then 4900 for 5 months Contribution = 7000×7+4900×5=49000+24500=73500 Profit ratio: Raj : Mohan = 1550 : (3020–1550) = 1550 : 1470 = 155 : 147 Set up equation:
A lease can be determined by ____
Who is the highest law officer in India?
Rule of Estoppel is contained in Section ………. Of Indian Evidence Act
Which legal maxim means on the face of it?
Documents (other than wills) remaining unclaimed in any registration office for a period exceeding ……………. may be destroyed
...Section 9 of the Negotiable Instrument Act, 1881 defines:
What is the time period for which LLP is required to preserve all the books of accounts, annual forms and other documents at its registered office?
If a new company gets registered with a name which resembles the name of existing company, then who will resolve the dispute?
The principle that possession is prima facie proof of ownership is provided under which of the following Sections of Indian Evidence Act?
Chapter 5 of the Chhattisgarh land revenue code is related to: