Start learning 50% faster. Sign in now
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
Which of the following leading NBFC has raised five-year loan of $100 million from the ADB through external commercial borrowing (ECB) under its social ...
Which of the following would not be a good reason for a company to repurchase shares of its own stock ?
Which NBFC has made a tie up with State Bank of India for co-lending arrangement to lend to a priority sector.
Marginal Standing Facility is ___________________?
What is the objective of the Bima Sugam – Insurance Electronic Marketplace Regulations, 2024?
Which insurance firm recently launched Emerging Opportunity Fund, which will invest in mid-cap companies and emerging market leaders with the potential ...
Which of the following insurance company was the first Insurance Company to adopt UPI Auto debit facility?
Reinvestment risk would not occur if:
Which of the following state becomes the first State to Introduce Uniform Gold Price Based on Bank Rate?
Which of the following project is not funded by the World Bank?