Start learning 50% faster. Sign in now
The Gadgil formula is named after Dhananjay Ramchandra Gadgil, a social scientist and the first critic of Indian planning. It was evolved in 1969 for determining the allocation of central assistance for state plans in India. Gadgil formula was adopted for distribution of plan assistance during Fourth and Fifth Five Year Plans.
A, B and C invested in a business in the ratio 6:8:9. If B invested for a period whose numerical value is 112.5% of B’s investment but A and C inv...
Amit and Vinod commenced a business with initial investments of Rs. 10,000 and Rs. 15,000, respectively. After four months, Amit doubled his investment,...
A starts business with Rs.9000 and after 8 months, B joins with A as his partner. After a year, the profit divided in the 4:5. What is B’s contributi...
P, Q, and R enter a partnership by investing their capital in the ratio of 2/5 :3/4: 5/8. After 4 months, P increased his capital by 50%, but Q decrease...
A & B invested Rs. X and Rs. (X + 500) for same period of time in a business. If A gets Rs. 3200 as profit share out of total profit of Rs. 8...
Ram started a business with the capital investing Rs 6000. After 3 months Shyam also joined him, with the capital investing Rs 4000. They make a profit ...
‘D’ started a business with a capital of Rs. 15000. After 4 months, ‘E’ joined the business with a capital of Rs. 10000. 6 months after ‘E’,...
Three persons Arvind, Bittu and Chinmey entered into a partnership with initial capitals of Rs.5000, Rs.7000, Rs.9000 respectively for 6 months, 5 month...
‘A’, ‘B’ and ‘C’ started a business by investing Rs. 2,500, Rs. 3,000 and Rs. 2,000, respectively. After 6 months, ‘B’ decreased his inv...
A and B together start a business with investment of Rs. 2500 and Rs. (x + 500), respectively. If the profit earned after 5 years is Rs. 8000 and share ...