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The Fiscal Responsibility and Budget Management Act, 2003 (FRBMA) is an Act of the Parliament of India to institutionalize financial discipline, reduce India's fiscal deficit, improve macroeconomic management and the overall management of the public funds by moving towards a balanced budget and strengthen fiscal prudence.
Three individuals, L, M, and N, invest Rs 28,000, Rs 35,000, and Rs 42,000 respectively in a business. At the end of the year, they earn a profit of Rs ...
'G' and 'H' started a business by investing Rs. 18,000 and Rs. 24,000, respectively, where 'G' invested for 12 months and 'H' invested for 9 months. If ...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 4500, Rs. 5000 and Rs. 3000, respectively. After 4 months, ‘B’ left and ‘A’ and...
'L' and 'K' used Rs. 12,500 and Rs. 15,000, respectively, to launch their businesses. 6 months later, 'L' added Rs. 2,500 to his investment, and 'J' joi...
Arun and Baldev have monthly savings in the ratio of 8:5, respectively. Baldev's monthly expenditure exceeds Arun's monthly savings by ₹20,200. Additi...
In a business, A invested Rs. 1400 more than that by B. After 5 months, A left the business. If at the end of the year, profit earned by B is equal to t...
Three friends, 'X', 'Y', and 'Z', invest money in the ratio 3:2:5 for 4 months, 6 months, and 8 months respectively. If they earn a total profit of Rs. ...
P and Q started a business by investing Rs.5200 and Rs.4000 respectively. After 6 months, Q increased his investment by a certain percentage such that a...
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...
J, K and L enter into partnership with capital contributions of Rs 30,000, Rs 45,000 and 25,000 respectively. J is the working partner and he gets 30% o...
