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
“A place called home” is a book written by which author?
Which organization launched the World Migration Report 2024?
Agricultural labour productivity is maximum in?
Which type of forest is most prevalent across India?
What is the run-off factor that RBI plans to enforce on digitally accessible retail deposits?
The National Electronic Funds Transfer (NEFT) system processed a record high number of transactions in a day on February 29 this year. How many transact...
Which of the following statements is/are NOT TRUE with respect to the data been released in Reserve Bank of India’s report State Finances: A Study of ...
Which river is considered the lifeline of Uttar Pradesh?
Which of the following social media platforms has launched a feature “alert” to find the missing children?
What specific aspect of the India-UK Free Trade Agreement (FTA) is India focused on protecting through the Rules of Origin in the auto sector?