Question
A and B put in Rs. 3200 and Rs. 4800 to start a firm.
After 3 months, C joined with Rs. ‘x’. If A’s share in the total annual profit of Rs. 2800 is Rs. 700, find the value of ‘x’.Solution
Ratio of investments A : B : C = 3200 : 4800 : x Ratio of profit share A : B : C = (3200 × 12) : (4800 × 12) : (x × 9) = 38400 : 57600 : 9x So, 38400/(38400+57600+9x) = 700/2800 = 1/4 ⇒ 38400 / (96000 + 9x) = 1/4 ⇒ 4 × 38400 = 96000 + 9x ⇒ 153600 = 96000 + 9x ⇒ 9x = 57600 ⇒ x = 6400
What is the primary goal of implementing expansionary fiscal policy during a recession?
Which of the following gives the recommendations to the government on top-level appointments like full-time Directors, non-Executive Chairman in Public...
Which of the following publishes the World Investment Report?
The India International Exchange Limited (INDIA INX) is India's first international stock exchange and it is being operated at the International Financi...
Calculate the Debt Equity ratio of the company.
What new category of trading participants was introduced by IFSCA in April 2024 to allow foreign entities to trade without a physical presence in the IF...
Which among the following is a type of budgeting technique where the previous year’s figures are not used as a base for preparing next year’s budget...
What is monetary base?
Which of the following types of borrowers are eligible for credit under the Priority Sector Lending (PSL) guidelines?
What is the correct sequence of the following functions of a manager in an organization?
1. Motivation Â
2. Controlling
3. Organ...