Question
'A' and 'B' began a business with investments of Rs.
8,000 and Rs. 15,500, respectively. After five months, 'A' increased his investment by 50%, while 'B' reduced his investment by Rs. 3,100. At the end of the year, the total profit earned by the business was Rs. 55,800. What is the profit share of 'A'?Solution
Ratio of profit shares of 'A' and 'B' at the end of the year = {8000 X 5 + (8000 X 7 X 1.5)}:{15500 X 5 + 12400 X 7} = {40000 + 84000}: {77500 + 86800} = 124000:164300 = 40:53 So, profit share of 'A' = 55800 X (40/93) = Rs. 24,000
Which state/UT’s tableau won the best tableau award for Republic Day 2023?
Atal Bhujal Yojna is being implemented in how many states?
A servicing bot ‘Neo’ for Twitter that uses artificial intelligence for customer service has been launched by which of the following insurer...
NPS for traders provide a monthly minimum assured pension of what amount after attaining the age of 60 years?
What is the base year currently used for the calculation of the Wholesale Price Index (WPI) in India?
What is the primary aim of currency devaluation?Â
A pure Monopoly is when there is single _______.
When to accomplish a particular necessity, the Demand of various goods is increased automatically into the market , it is known as ________________ .
The funds raised by the Government within the country is known asÂ
Which of the following is NOT a feature of the manufacturing sector in India?Â
