Question
Ravi and Raj entered into a business where Ravi invested
Rs. 9,000. Raj withdrew his capital after 6 months. If their profit ratio at the end of the year was 3:2, what was Raj’s investment?Solution
ATQ,
Let Raj's investment = Rs. y
(9000 × 12) : (y × 6) = 3 : 2
→ 108000 / (6y) = 3 / 2
→ 18000 / y = 3 / 2
→ y = 18000 × (2 / 3)
→ y = Rs.12,000
Who has been elected as the new president of the Fédération Internationale de l'Automobile (FIA)?
Where was the 7th Helicopter & Small Aircraft Summit conducted?
Which of the following statements accurately reflects the recent draft circular proposed by the Reserve Bank of India (RBI) regarding digital payments?
Recently which payments bank has launched Micro ATMs – a step towards better facilitating convenient cash withdrawals for debit card users residing be...
Which Indian edtech startup topped TIME Magazine’s “World’s Top EdTech Companies of 2024” ranking?
To make Mathura - Vrindavan, a net zero carbon emission tourist destination marked by the Uttar Pradesh government till the year?
The IRDAI introduced new guidelines for which aspect of travel insurance in early 2025?
Which public sector bank has emerged as the top performer in terms of loan growth in percentage terms at the end of September 2022 during second quarter...
Total enrollment under Atal Pension Yojana crossed _____ mark as on 31 March 2023.
What pledge does the “Bal Vivah Mukt Bharat” campaign aim to achieve?