Question
Aman began a business with a certain capital. After 3
months, Rohan joined him with Rs. 900 more than Aman had invested. If the profit at the end of the year is distributed in the ratio of 4:5 between Aman and Rohan respectively, what was the amount invested by Aman initially?Solution
ATQ,
Let Aman’s initial investment be Rs. 'Y'
So, Rohan’s investment = Rs. (Y + 900)
Profit ratio = (Y × 12) : {(Y + 900) × 9}
ATQ,
(Y × 12) ÷ {(Y + 900) × 9} = 4/5
Or, 12Y × 5 = 4 × (9Y + 8100)
Or, 60Y = 36Y + 32,400
So, 24Y = 32,400
∴ Y = 32,400 ÷ 24 = Rs. 1350
Therefore, Aman’s initial investment = Rs. 1350
Succession certificate can be revoked on the grounds of:
Joint sitting of both Houses of Parliament is chaired by:
Specific Relief is granted for?
Nothing in Art. 15 shall prevent the state from making any special provisions for women and children is mentioned in which provision of the constitution?
Every designated partner shall obtain a DIN from-?
A, B’s manager was sent to collect payment from B’s customers. A collects the payment but keeps with him. Which of the following options is correct?...
What is estoppel?
Any fact is relevant which shows or constitutes:
An appeal shall not be entertained by National Commission if the appellant:
“Laws inconsistent with or in derogation of the fundamental rights” is which Article of the Constitution?