Question
Arjun and Karan became partners in a startup. Arjun
invested Rs. 7,200. Karan exited the business after 10 months. Their profit shares were in the ratio of 2:3. Determine Karan’s investment.Solution
ATQ,
Let Karan’s investment = y
(7200 Ă— 12) : (y Ă— 10) = 2 : 3
→ 86400 / (10y) = 2 / 3
→ 8640 / y = 2 / 3
→ y = 8640 × (3 / 2)
→ y = Rs. 12,960
Which section of the Companies Act delas with the provisions of Periodical Financial Statements?
Admission can be:_________.
Confession in front of police officer when valid?
Within what time frame must the arbitral tribunal make an award in matters other than international commercial arbitration as per the Arbitration and Co...
Burden to prove the plea of alibi is on theÂ
Which of the following is NOT of one of the attributes of our Indian Constitution of 1950?
When was Criminal Procedure Code enacted?
___________ under the Information Technology Act, 2000 means a person in whose name the electronic signature Certificate is issued?
_________ means as the income of a person goes up, the rates of tax goes down
According to Section 309(2), theft becomes robbery if, in committing theft, the offender:
