Question
'A', 'B' and 'C' started a business together such that
'A' invested a 35% of the total capital invested by 'A', 'B' and 'C' together, 'B' invested 40% of the remaining capital and 'C' invested the rest, then find the profit share of 'C' given that the business earned a profit of Rs. 2,60,000 at the end of the year.Solution
Let the total capital invested by 'A', 'B' and 'C' together be Rs. '100x' So, capital invested by 'A' = 100x × 0.35 = Rs. '35x' And, capital invested by 'B' = (100x − 35x) × 0.4 = Rs. '26x' And, capital invested by 'C' = 100x − 35x − 26x = Rs. '39x' Ratio of profit share of 'A', 'B' and 'C' = {35x × 12}:{26x × 12}:{39x × 12} = 35:26:39 So, profit share of 'C' = 2,60,000 × (39/100) = Rs. 1,01,400
The Foreign Exchange Management Act,_________ , is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with...
The government of India will be setting up an Indian Institute of Technology (IIT) for the first time abroad in ____________.
Which one of the following measures is not likely to aid in improving India’s Balance of Payment position?
Which of the following organization have signed agreement to develop sustainable water policy in Odisa ?
Atma Nirbhar Krishak Integrated Development Scheme was recently launched in ________________.
__________________ is a firm that invests pooled funds from clients, putting the capital to work through different investments routes.
Digilocker is an initiative under the Digital India Program by which ministry?
In 2016, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
A market in which there are large numbers of sellers of a particular product, but each seller sells somewhat differentiated but close products is termed...
Which of the following model is used for the development of highways and ports?