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As per the Insurance (Amendment) Act 2015, remuneration or reward for soliciting or procuring insurance business in India can be paid to insurance agents, intermediaries, or insurance intermediaries in the manner specified by regulations. This law regulates the payment of commissions or rewards in the insurance industry.
A started a business with an investment of Rs.1500. After some months, B joins the business with an investment of Rs.3000 and after two more months C jo...
'A' and 'B' started a business with an investment of Rs. 2,000 and Rs. 2,500, respectively. After 6 months, 'C' joined them with an investment of Rs. 3,...
‘A’ and ‘B’ entered into a partnership by investing Rs. 9900 and Rs. 5500, respectively. If ‘A’ invested his sum for only 6 months and the t...
Entrepreneurs 'R' and 'M' ventured into a business together, contributing capital in the ratio of 4:3. The time periods for which 'R' and 'M' invested a...
Anup, Vipin and Raju started a business with their capital Rs. 3000, Rs. 4500 and Rs. 6000 respectively. They invested for X, (X – 4) and (12 – X) m...
‘A’, ‘B’ and ‘C’ entered into a partnership by making investments in the ratio 5:6:9, respectively. At end of the year, if the difference be...
A and B enter into a partnership with their initial sum of Rs.30000 and Rs.45000 respectively. After 9 months, a third person C also joins them with his...
A invest twice the sum invested by B and withdraws half of sum after 3 months and again withdraws half of the remaining sum after 7 months. Find ratio o...
In a business, A invested Rs. 1800 more than that by B. After 8 months, A left the business. If at the end of the year, profit earned by B is equal to t...
A starts business with Rs.11000 and after 8 months, B joins with A as his partner. After a year, the profit divided in the 5:9. What is B’s contribut...
