Question
Akash and Bheem started a business together with
investments of Rs. 2400 and Rs. 3600, respectively. After four months, Chetna joined them with investment of Rs. ‘p’. If the profit earned by Akash after one year is Rs. 600 out of the total profit of Rs. 1700, then find the value of ‘p’.Solution
ATQ,
Ratio of investments of Akash : Bheem : Chetna = 2400 : 3600 : p
Ratio of profit share of Akash : Bheem : Chetna = (2400 × 12) : (3600 × 12) : (p × 8)= 28800 : 43200 : 8p= 3600 : 5400 : p
So, [3600 / (3600 + 5400 + p)] = 600 / 1700
9000 + p = 10200
p = 1200
So, the value of ‘p’ is Rs. 1200
The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between :
Which two components form the Ayushman Bharat Scheme?
Which ratios are a measure of the speed with which various accounts are converted into sales or cash?
In the context of Cash Credit (CC) facilities, what does the term 'Drawing Power' refer to?
Which of the following is an example of a risk avoidance technique?
The term “SICR” discussed in the recently published RBI's released Discussion Paper on Introduction of Expected Credit Loss (ECL) Framework for Prov...
Comparison of a company’s financial results to other peer companies for the same period is called:
For market risk, the minimum capital requirement is expressed in terms of two separately calculated charges. Which of the following are those two risks ...
Which of the following is not a resolution method under RBI’s Prudential Framework for stressed assets?
How much financing did the World Bank approve to help India accelerate low carbon energy development in its second round?