Question
Maya and Raj started a business with investments of Rs.
4600 and Rs. 5400, respectively. After two months, Dev joined them with an investment of Rs. 6200. By the end of the year, Dev's share of the profit was Rs. 1860. Calculate the difference in profit share between Maya and Raj.Solution
Investments & Time: Maya = 4600 × 12 = 55200 Raj = 5400 × 12 = 64800 Dev = 6200 × 10 = 62000 Ratio = Maya : Raj : Dev = 55200 : 64800 : 62000 Simplified = 138 : 162 : 155 Total parts = 138 + 162 + 155 = 455 Dev's share = ₹1860 → 155 parts Value of 1 part = 1860 / 155 = ₹12 Maya's share = 138 × 12 = ₹1656 Raj's share = 162 × 12 = ₹1944 Difference = 1944 − 1656 = ₹288
Because leading is one of the basic managerial functions,
Match the schemes with their key features:
Which of the following statements is incorrect about concept design?
Which of the following statements is correct regarding Intellectual Property rights?
Identify the correct statements regarding government policies for Small Scale Industries (SSIs):
1. The MSME Business Loans in 59 Minutes scheme ...
Which ethical theory emphasizes the importance of developing virtuous character traits to lead a morally good life?
Consider the following statements regarding Innovation:
- Innovation only refers to the creation of new products.
Which of the following is the correct sequence of stages in the Innovation Life Cycle?
Which of the following statements about innovation is/are correct?
1. Innovation is often confused with ideation.
2. Innovations must alwa...
Which of the following is not required by employees from their leaders?