Question
'P' invested Rs. 7,500 in a business. After 'n' months,
'Q' joined the business investing Rs. 2,500 more than 'P'. At the end of 20 months since 'P' started the business, ratio of profit share of 'P' to 'Q' was 3:2. Find the value of 'n'.Solution
Ratio of profit share of 'P' to 'Q'
= (7,500 Γ 20) : (10,000 Γ (20 β n))
= 15 : (20 β n) So,
15 : (20 β n) = 3 : 2 Or,
15 Γ 2 = 3 Γ (20 β n) Or,
30 = 60 β 3n Or,
3n = 30 Or,
n = 10
Price Earnings Ratio (PE ratio) of Indian market is high because of the growth potential in the market
Which state government recently banned all kind of synthetic kite string except cotton?
How many new schemes aimed at boosting farmers' incomes and improving agriculture did the Union Cabinet recently approve?
Who was crowned Miss Universe India 2024?
In the recently concluded Gujarat state Assembly election, VVPAT was used for all polling station. In VVPAT, A stands for
Where is Kaziranga National Park situated?
Which of the following is not correctly matched?
Central Pay Commissions : Chairman
...The Contingency Fund of India was established in which year?
What is the strike range of the Agni IV ballistic missile, as developed by India?
The headquarter of State Bank of India is located at: