Question
'A' and 'B' started a business by investing Rs. 3,000
and Rs. 4,500, respectively. Four months later, 'C' joined by investing Rs. 'P'. If at the end of the year, the profit was divided among 'A', 'B' and 'C' in ratio 2:3:4, respectively, then find the value of 'P'.Solution
Ratio of profit shares of 'A', 'B' and 'C' at the end of the year = (3000 * 12) : (4500 * 12) : (8 * P) = 4500 : 6750 : P ATQ: (6750/P) = (3/4) Or, (6750/P) = (3/4) Or, 27000 = 3P So, P = 9000
If a company has a foreign branch, how are its financial statements translated as per AS 11?
If an ad-hoc credit limit sanctioned by a bank is not reviewed and the account shows no activity, when does it become an NPA?
The return forgone for the undertaking an investment is known as?
Who owns the GeM?
Time of supply means
Who has propounded the Theory Z?
Under GST, the 'Place of Supply' rules primarily determine:
In MS Excel, the 'IF' function is used to:
As per the Master Circular on Management of Advances – UCBs, for borrowers (other than MSEs) requiring fund-based working capital up to ₹1 crore and...
Read the given statements carefully and select the most appropriate option.
a) Under perfect competition, the firm is not a price-maker.
b...
Relevant for Exams:
