Question
John and Jack entered into a partnership by
contributing capital in the ratio of 8:14. After a certain period, Jack withdrew his investment completely. Three years after the partnership began, the ratio of profits between John and Jack was found to be 9:14. Based on this, determine the number of months Jack remained invested in the business.Solution
Let the number of months for which Jack invested = 'y' months Number of months for which John invested = 3 X 12 = 36 months So, respective ratio of profit shares of John and Jack = (8 X 36):(14 X y) = 288:14y = 9:14 So, y = 288 ÷ 9 = 32
The Reserve Bank of India (RBI) has approved SBI Mutual Fund, along with other SBI group companies, to hold a 9.99% stake in which private bank?
In which district of Rajasthan a 'War Museum' was established in August, 2015?
Which of the following animals breathes through its skin?
Which one of the following attributes is required for internal linking in HTML?
Out of given countries, which is not a part of G20?
Name the type of nutrition in which the organism takes in nutrients in solution form from dead and decaying matter.
RBI has increased the household income limits for borrowers of Non-Banking Financial Companies (NBFC) - Microfinance Institutions (MFI) from 1 lakh to ...
Congress Socialist Party (CSP) was formed in the year
What is the name of the Khelo India Winter Games 2024 mascot (a snow leopard)?
‘Operation Mukti Abhiyan’ in Uttarakhand state is related to –
Relevant for Exams:
