Question
A and B invested ₹50,000 and ₹75,000, respectively,
in a business. After 6 months, A withdrew ₹10,000, and B added ₹25,000. At the end of the year, they made a profit of ₹84,000. What is A's share of the profit?Solution
A's investment for 6 months = ₹50,000, and for the next 6 months = ₹40,000. B's investment for 6 months = ₹75,000, and for the next 6 months = ₹1,00,000. A's capital = (50,000 × 6 + 40,000 × 6) = ₹5,40,000. B's capital = (75,000 × 6 + 1,00,000 × 6) = ₹10,50,000. A = 5,40,000:10,50,000 = 18:35. A's share = (18/53) × ₹84,000 ≈ ₹28,530. Ans. c
To revive the Namda Craft which state pilot project has been started?
Recently Maharashtra has decided to set up a “Gene Project Bank”. It will be on which of the following theme/themes?
What is the purpose of the Ministry of Education - AICTE Investor Network launched by Dharmendra Pradhan?
Which new category has been introduced under the Pradhan Mantri Mudra Yojana to cover loans between ₹10 lakh and ₹20 lakh?
Who were the winners of the Asian Badminton Championship 2024 for men's and women's singles respectively?
The amount of Chief Minister Kanya Sumangala Yojana has been increased, it is related to which state?
Ratapani Wildlife Sanctuary has been declared as a tiger reserve. In which state is it located?
Which organization is implementing the ‘Jalvahak’ scheme in collaboration with the Inland Waterways Authority of India (IWAI)?
How many sectors were identified in the World Bank's "Jobs at Your Doorsteps" study?
When was the 38th meeting of the Central Advisory Board of Archaeology (CABA) held?
