Question
P and Q started a business by investing Rs. 24000 and Rs.
30000, respectively. After 4 months, R also joined them by investing Rs. 36000. If the annual profit received by them is Rs. 1820 then find the profit share of Q.Solution
ATQ,
Respective ratio of the profit share of P, Q and R = (24000 × 12):(30000 × 12):(36000 × 8) = 4:5:4
Profit share of Q = 1820 × {5/(4 + 5 + 4)} = Rs. 700
Volenti non fit injuria means__________________
The provisions of partnership act are_____.Â
Which one is not the exception of hearsay evidence?
In case a lease is made for a certain period mentioning that it is terminable before its expiration, without mentioning at whose option________.
Which of the following documents shall be produced by a driver of vehicle in a public policy when asked by police officer?
'A' is on trial for the murder of 'C'. There is evidence to show that 'C' was murdered by 'A' and 'B', and that 'B' said - 'A' and I murdered C. As agai...
What does juvenile delinquency mean?
In a transfer of property where an interest therein is created in favour of a person to take effect only on the happening of a specified uncertain event...
When an employee works in excess of the normal working hours, the employer is required to____________
According to the Arbitration and Conciliation Act, 1996, when do arbitral proceedings in respect of a particular dispute commence unless otherwise agree...