Question
Atul and Bheema began a business
with initial investments of Rs. (p + 120) and Rs. (p - 180), respectively. After one year, they increased their investments in the ratio of 12:7. What is Atul's share of the total profit amounting to Rs. 22,800?Solution
ATQ, Let additional investment made by Atul and Bheema is Rs.12y and Rs.7y respectively. Ratio of profit share of Atul to Bheema = [x + 120 + x + 120 + 12y]:[x – 180 + x – 180 + 7y] = [2x + 12y + 240]:[2x + 7y - 360] So, Profit share of Atul = (2x + 12y + 240)/(4x + 19y – 120) × 22800 So, we cannot determine the profit share of Atul.
A company announces a 1:4 rights issue at ₹50 per share when market price is ₹70. What is the value of right?
Which country has officially joined the New Development Bank (NDB) in May 2025?
As per Companies Act, 2013, what is the minimum number of board meetings a company must hold in a year?
A MSME start-up is eligible for priority sector loan of up to Rs. _________
In which document of the company is the purpose or objective of its incorporation mentioned, as per the Companies Act?
How to verify that while sending confidential information over the Internet such as usernames, passwords, or credit card numbers, sent data is encrypted
A charge in or upon any movable property, existing or future, created by a borrower in favor of a secured creditor without delivery of possession of the...
A company reported a net profit of ₹10 lakh. During the year, depreciation was ₹4 lakh, accounts receivable increased by ₹2 lakh, inventory decrea...
A company borrows ₹100 lakh at 10% interest to construct an asset over 2 years. It spends ₹60 lakh in Year 1. What borrowing cost is capitalized in ...
Under what circumstances must Reporting Entities (REs) obtain the Aadhaar number from an individual during the Customer Due Diligence (CDD) process?