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 bank recently launched an e-Bank Guarantee (e-BG) facility in collaboration with NeSL ?
How much did Deutsche Bank’s recent (Nov 2024) capital infusion aim to benefit its India operations?
RBI has released a list of NBFCs placed under the upper layer under the scale based regulations.With respect to the information provided, which of the f...
Which company has committed to setting up an automobile hub in one of the smart cities?Â
What is the theme of SEFCO-2025 organized by ?
Which payments bank has entered into a tie-up with Sequoia Capital-backed fintech Hubble to introduce India’s first spending account?
What is the key feature of the revamped ‘Baanknet’ e-auction portal launched by the DFS Secretary?
What were the key objectives of the multi-sectoral workshop on "Risk-based management of spill over events in wildlife in India" organized by the Depart...
Which e-commerce marketplace announced the signing of a MoU with Varanasi to enable national market access for artisans, weavers, and people with disabi...
India's position as the third largest producer of solar power was primarily aided by a decrease in power demand in which country?
Relevant for Exams:
