Question
A, B and C start a business and invest in the ratio 2 :
3 : 5. If the total profit at the end of the year is Rs 10000, find the share of each.Solution
Ratio of investments = 2 : 3 : 5 Sum of ratio parts = 2 + 3 + 5 = 10 A’s share = (2/10) × 10000 = 2000 B’s share = (3/10) × 10000 = 3000 C’s share = (5/10) × 10000 = 5000 Answers: A’s share = Rs 2000 B’s share = Rs 3000 C’s share = Rs 5000
Which of the following term is correct regarding Basic Savings Bank Deposit Account (BSBDA)?
For Domestic Scheduled Banks, what is the minimum target for Priority sector lending
Under call money market, funds are transacted on an overnight basis and under notice money market, funds are transacted for a period between _________?
Which account is opened by the investor while registering with an investment broker?
The Reserve Bank of India (RBI) has issued a framework for recognizing Self-Regulatory Organizations (SROs) in the financial technology sector (SRO-FT)...
There is one budget which is prepared as a consolidated summary of all the functional budgets. Identify it among the following:
Protection of paying banker against forged endorsement in Bearer Cheques is available under which section of NI Act?
How does Green GDP differ from traditional GDP?
As per the changes announced in the Union Budget 2025-26, under the MSMED Act, 2006 , to be classified as a medium enterprise, its turnover should be up...
An independent director can be appointed for a tenure up to ________
Relevant for Exams:
