Question
D, E and F started a company with capital investments in
the ratio 5:3:2. F being the active partner gets 10% of the total profit for managing the business. If the total profit earned in two years is Rs. 15,000, calculate F’s total share of profit.Solution
ATQ,
Profit share of F for being active working partner = 0.10 × 15000 = Rs. 1,500 Profit share of F for his investments = 15000 × 0.90 × (2/10) = Rs. 2,700 So, the total profit earned by F = 1500 + 2700 = Rs. 4,200
'A' is tried for the murder of 'B' by intentionally shooting him dead. In trial, the irrelevant fact is:-
Under what condition can a court publish a written proclamation requiring a person to appear, specifying a time frame?
Which of the following modes is not a mode of ADR provided under s.89 of CPC?
What is a "Promissory note" as defined
The term debt has been defined under IBC as _________________
Under the PMLA, 2002, the offence of money laundering is defined under which of the following sections?
Which of the following shall not be included in the liquidation estate assets?
As per LLP act, body corporate includes -
What does the term "bond ledger account" refer to?
As per Section 11 of the MInimum Wages Act, 1948, minimum wages payable under the Act shall be paid: