Question
Aman and Bhavya started a business together. Aman
invested Rs. 400 more than Bhavya. Aman pulled out his money after 4 months, while Bhavya kept her investment for the full year. If at the end of the year, their profit shares were in the ratio of 2:3 (Aman:Bhavya), what was Aman's investment?Solution
ATQ,
Let Bhavya’s investment = Rs. y Then Aman's investment = Rs. (y + 400) Profit share ratio = [(y + 400) × 4] : [y × 12] → (y + 400) : 3y = 2 : 3 Cross-multiplying: 3(y + 400) = 6y → 3y + 1,200 = 6y → 3y = 1,200 → y = 400 So, Aman's investment = 400 + 400 = Rs. 800
Which combination of positions will tend to protect the owner from downside risk?
As per World Cooperative Monitor, IFFCO is the no. 1 cooperative in the world. Who launched the WCM?
How many layers of NBFcs have been specified as per recent regulations by RBI in 2021?Â
What is the full form of CPM in project management?
Which of the following is not true about Term Loans?
What is the full form of TREDS?
Which of the following initiatives is part of India's efforts related to the Blue Economy?
What is the full form of ASBA
Socio-economic Caste Census (SECC) is aimed at canvassing every Indian family, both in rural and urban India on the basis of their Economic & Social st...
Central government has extended the decision to keep ‘free-import’ policy for two varieties of tur and urad by _____.