Question
A, B, and C start a business together. A invests
₹25,000, B ₹35,000, and C ₹40,000. After 1 year, C withdraws his entire capital, and A and B continue. If the profit at the end of 2 years is ₹87,000, find C's share in the profit.Solution
Profit is divided in the ratio of investment × time. A's share = 25,000 × 2 = 50,000 B's share = 35,000 × 2 = 70,000 C's share = 40,000 × 1 = 40,000 Total = 50,000 + 70,000 + 40,000 = 160,000 C's share in profit = (40,000 / 160,000) × 87,000 = ₹21,750 Correct answer: d) ₹21,750
India recently handed over what amount to BIMSTEC Secretariat’s operational budget?
- Which eminent Kathak dancer and Padma Vibhushan recipient passed away at the age of 95?
A Flight of Pigeons is a famous book written by ________.
What is the name of the bilateral air force exercise conducted between India and Oman in September 2024?
What is the name of India's first Large Language Model (LLM) developed specifically for the banking, financial services, and insurance (BFSI) sector?
M T Vasudevan Nair, who recently passed away, was famous for his contributions to:
Which hormone regulates the body’s circadian rhythm?
Consider the following statements with respect to the sowing area of the crops -
I. According to data released by the Ministry of Agriculture & F...
- What is the capital city of Australia?
- To which zoological class do corals belong?