Question
‘D’ started a business by investing Rs. 1,600. Seven
months later, ‘E’ joined him by investing 50% of D’s capital. If total profit after one year is Rs. 3,625, find E’s share in the profit.Solution
Amount invested by ‘E’ = 1600 × 0.5 = Rs. 800
Ratio of profit shares of ‘D’ and ‘E’ = (12 × 1600):(5 × 800) = 19200:4000 = 24:5
So, profit share of ‘E’ = 3625 × (5/29) = Rs. 625
Who took on the role of Secretary General of BIMSTEC for the next three years, beginning in January 2024?
'Agam' is related to which religious sect?
The Gorakhpur atomic power project, North India’s 1st, is planned to be developed in which state?
Petr Pavel has been elected President of which country?
Which bank inaugurated IFSC banking unit at GIFT City, Gandhinagar?
What was the primary objective of the Memorandum of Understanding (MoU) signed between AI-Khadi and Village Industries Commission (KVIC) and Quality Cou...
What is the estimated fiscal deficit for the financial year 2023-24?
Which of the following banks recently achieved the milestone of having 20 million credit cards in force?
What was the Welfare Efficiency Index (WEI) score of India in 2023?
- India signed an MoU with which Argentine province for lithium exploration?