Question
Jagat, Uma, Pari invest Rs. 55,000 for a business,
Jagat invests Rs.2000 more than Uma and Uma invests Rs. 1000 more than Pari. Out of a total profit of Rs. 33,000, Jagat receives:Solution
Let Pari invests Rs. x. Then Uma = x + 1000, and Jagat = x + 1000 + 2000 = x + 3000. x + x + 1000 + x + 3000 = 55000 => 3x = 51000 , x = 17000. Investment ratios = Jagat: Uma : Pari = 20000 : 18000 : 17000 = 20 : 18 : 17 Jagat’s share in profit = Rs. (33000 * 20/55) = Rs.12,000
What new security feature did Punjab National Bank (PNB) introduce to combat cyber frauds?
Tripura Gramin Bank became India’s first Gramin Bank to introduce which innovative banking facility?Â
What is the penalty amount imposed by RBI on Federal Bank Ltd and Karur Vysya Bank Ltd for non-compliance with regulations?
What is the name of the first semi-high-speed rail corridor project approved for Maharashtra in February 2025?
The Reserve Bank of India (RBI) has set up a Regulatory Review Cell (RRC) to review rules periodically. After how many years will the regulations be rev...
What is the main purpose of the SBI Innovation Hub launched at the Singapore Fintech Festival?
How many science nodes will be connected by the INCOIS submarine cable in the Indian Ocean?
India’s foreign exchange reserves dropped to what value for the week ending October 18, 2024?
- How does the India-Qatar Joint Business Forum aim to enhance economic cooperation?
- Under the PM-KISAN scheme, how much annual financial assistance is provided to eligible farmers?