Question
A, B and C invest Rs. 40,000, Rs. 60,000 and Rs. 50,000
respectively in a business. A invests for 12 months, B for 8 months and C for 6 months. If the total profit at the end of the year is Rs. 1,26,000, what is B’s share?Solution
ATQ, Investment × time: A: 40,000 × 12 = 4,80,000 B: 60,000 × 8 = 4,80,000 C: 50,000 × 6 = 3,00,000 Ratio A : B : C = 480 : 480 : 300 = 16 : 16 : 10 Total parts = 42 B’s share = (16/42) × 1,26,000 = (8/21) × 1,26,000 1,26,000 / 21 = 6,000 → B = 8 × 6,000 = 48,000.
Which abbreviation is related to banking but not to loans? Â
What is the monetary penalty imposed by the Reserve Bank of India on Canara Bank for non-compliance with certain directions issued on 'Data Format for F...
The Nobel Prize in Economic Sciences was awarded to:
Who is the present Chief Vigilance Officer?
Largest-Indian state in terms of area is:
Which country is not a signatory of the Free Trade Agreement (FTA) with India?
Match the following details regarding Phase-I of Bharatmala Project.
Which of the following is the largest irrigation canal in India?
Which of the following planets has moons called “Ophelia” and “Puck” which have been named after characters from William Shakespeare’s works?<...
Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is the flagship scheme of which ministry?