Question
Neil and Nitin start a business by investing ₹12,000
and ₹ y , respectively. Mukesh joins the venture after 9 months by investing ₹(12,000 + y). At the end of one year, the profit shares of Neil and Mukesh are distributed in the ratio of 8:5. Determine the ratio of the profit shares of Neil, Nitin, and Mukesh in that order.Solution
Ratio of profit shares of Neil, Nitin and Mukesh respectively: = (12000 X 12) :(y X 12) :{(12000 + y) X 3} = 48000:4y:(12000 + y) ATQ, {48000 ÷ (12000 + y) } = (8/5) Or, 30,000 - 12,000 = 'y' So, 'y' = 18,000 Therefore, ratio of profit shares of Neil, Nitin and Mukesh respectively: = (12000 X 12) :(18000 X 12) :{(12000 + 18000) X 3} = (12000 X 12) :(18,000 X 12) :{30,000 X 3} = 8:12:5
Which of the following is generally used for reclamation of soil acidity?
Which among the following method is the sexual method of Propagation?
Sodium adsorption ratio is a measure of the amount of sodium (Na) relative to calcium (Ca) and magnesium (Mg) in the water extract. Which of the followi...
Which cotton species is recognized as "American cotton" or "Upland cotton" and has an allelotetraploid chromosome number?
When is World Wetland Day celebrated?
The soils of very cold climates which are defined as containing permafrost within two meters of the soil surface belongs to the order
India Meteorological Department is an agency of the__________.
Which of the following mechanisms do not encourage cross pollination?
Mealy bug is the major pest of:
The only metallic element present in CHLORPHYLL
Relevant for Exams:
