Question
"A", "B", and "C" jointly established a venture.
Initially, "A" invested 25% more funds than "B", while "C" contributed 20% more than "A". Four months after the business commenced, "A" increased his investment by 40%, and "B" reduced his by 25%. Six months into the operation, "C" decreased his contribution by 16(1/6)%.Calculate the ratio of their profit shares at the end of one year.Solution
Let the initial investment of 'B' be Rs. '4a' So, investment of 'A' = 1.25 X 4a = Rs.'5a' And, investment of 'C' = Rs. 5a X (6/5) = Rs. '6a' So, ratio of profit of 'A', 'B' and 'C', respectively, at the end of a year: = [{(5a X 4) + (7a X 8) }: {(4a X 4) + (3a X 8) }: {(6a X 6) + (5a X 6) }] = (20a + 56a) : (16a + 24a) : (36a + 30a) = (76:40:66) = (38:20:33)
Which of the following two Russian Bank are the first foreign lenders to have received approval from the RBI towards settling international trade transa...
Issuing bonds by a company would be considered in which activity in a cash flow statement?
According to the IRAC Norms, a loan where the borrower has defaulted on payment for over 12 months is classified as _________
Which of the following is not true about the market value of a bond?
In which of the following situation will a call option will be called “out the money”?
Which among the following are perpetual instruments with a contingent conversion feature in case of crisis?
In a Letter of Credit (LC) , the role of __________ is to guarantee the payment to the seller after verifying documents and fulfilling the terms of the ...
Saurabh is a project manager on an industrial design project. He set up a reward system, but he was surprised to find out that the team is actually less...
Warehouse expense is an example of:
The cont ributions towards NPS Vatsalya have tax benefit for up to ______ per financial year . Â
Relevant for Exams:
