Question
Three friends, A, B, and C, invested in a business in
the ratio of 3:5:7. After 8 months, A reduced his investment by one-third, while B doubled his investment. At the end of 12 months, the total profit earned was Rs. 73,500. Calculate the share of profit received by each friend.Solution
Let the invested money by A, B and C are 3x, 5x and 7x Ratio of their shares = 8×3x + 4×2x : 8×5x + 4×10x : 12×7x = 32x: 80x: 84x = 8: 20: 21 8y+20y+21y = 73,500 49y = 73,500 y = 1500 profit received by A, B and C = 8y, 20y, 21y = 12,000, 30,000, 31,500.
If two countries trade with each other which is mutually beneficial, then their consumption point after the trade will be
People who never move above the poverty line are referred as________.
Which of the following is NOT the main type of audit that are conducted by Comptroller and Auditor General as per the Regulations on Audit and Accounts...
Marginal Rate of Transformation is the slope of______.
_______was the first Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry in__...
Which of the following is true for Disposable Income?
