Question
Partners A, B, and C invest Rs 10,000, Rs 15,000, and Rs
20,000 in a business. At the end of the year, the business generates a profit of Rs 45,000. A is given 8% of the total profit for managing the business, and the remaining profit is distributed according to their investments. What is the total amount received by C?Solution
Total profit = Rs 45,000 Amount A takes for managing = 8% of 45,000 = 3,600 Remaining profit = 45,000 - 3,600 = 41,400 Capital ratio of A:B:C = 10,000:15,000:20,000 = 2:3:4 C’s share of the remaining profit = (4/9) × 41,400 = 18,400
A report on the 2021 Human Development Index (HDI)Â is part of the Human Development Report 2021-2022 released by the United Nations Development Program...
Which of the following appears under the heading 'Reserves & Surplus' in the balance sheet?
For the calculation of Maximum Permissible Bank finance recommended by Tandon Committee , which of the following correctly depicts the second method? Â ...
Which of the following correctly describes the nature of a plant manager’s salary?
A measure of how the returns of two risky assets move in relation to each other is the:
Which of the following transactions will result in a Fund Based exposure for a Bank? Â
Who has been appointed as the new Managing Director (MD) and Chief Executive Officer (CEO) of Paytm Payments Bank?
In which of the following situation will a call option will be called “out the money”?
There is no provision under Startup India initiative for sanctioning of funds to startups directly. However, Government of India has established a Fund ...
According to CAPM (Capital Asset Pricing Model), what is the required rate of return for a stock with a beta of 0.7 when the risk-free rate is 5% and th...
Relevant for Exams:
