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For the first 8 months, the first partner’s investment = ₹12,000. After 8 months, the investment is halved, so for the remaining 4 months, it becomes ₹6,000. The second partner’s investment for 12 months is ₹15,000. The profit ratio is (12,000 × 8 + 6,000 × 4):(15,000 × 12) = 2:3. Share of the first partner = 2/(3+2) × ₹7,200 = ₹2,880. Answer: c) ₹2,880
Seven boxes A, B, C, D, E, F and G are kept one over the other but not necessarily in the same order. D is kept third from the bottom. Only one box is k...
What is the time frame for paying wages to an employee after their termination under the Payment of Wages Act, 1936?
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A prepayment of insurance premium will appear in
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