Question
P and Q started a business with a
combined investment of Rs. 8400, where their investments were in the ratio of 9 : a, respectively. Four months later, M joined the business with an investment of Rs. 4200. At the end of a year, the total profit was Rs. 7500. What is M's share of the profit?Solution
ATQ, Ratio of Profit share of (P + Q): M = (8400 × 12): 4200 × (12 - 4) = 3:1 Therefore, profit share of M = [1/(1 + 3)] × 7500 = Rs.1875
- When was the Reserve Bank of India (RBI) established?
Which ministry recently launched the ‘Capacity Building on Design and Entrepreneurship (CBDE) program?
- How many types of urban local governments exist in India?
The Union Government approved the continuation and restructuring of which flagship programme until 2026?
Who has been appointed as the Revenue Secretary in the Ministry of Finance?
- Who attacked and looted the famous Somnath temple in 1026 AD?
- What is the approximate circumference of Earth at the equator?
- Which state government introduced the Minimum Guaranteed Income Bill in 2023?
- Which article of the Indian Constitution addresses the Governor's Pardoning Power?
To what phylum does a blood-sucking leech belong?