A man bequeaths Rs 25 lakh to a trust in the following manner, 15% and the remaining amount is to be divided such that his wife, two daughters who receive equal shares, and three sons receive equal shares each. Daughter gets 1.5 times. If his wife gets twice the share that each daughter gets, what is his wife's share? (in lakh rupees)
Remaining amount = Rs 25,000.00 x (100-15)/100 = 25,000.00×85/100 =2125000 Rs Let the amount received by a daughter = x rupees Amount received by a son = Rs 1.5x And amount received by the wife = Rs 2x From the question, 2 daughters +1 wives+ 3 sons = 212500 2x+2x+4.5x =212500 8.5x =212500 X=212500/8.5 =250000 Share of wife =2x =2×250000 =500000Rs. Let the amount received by a daughter = x rupees Amount received by a son = Rs 1.5x And amount received by the wife = Rs 2x From the question, 2 daughters +1 wives+ 3 sons = 212500 2x+2x+4.5x =212500 8.5x =212500 X=212500/8.5 =250000 Share of wife =2x =2×250000 =500000Rs.
Recently SEBI has issued a master circular on the redressal of investor grievances through the which of the following platform?
What is the primary purpose of the money market?
……………….. is the order size that minimizes the sum of ordering and holding costs related to raw material inventories
...ABC Inc’s Income statement shows a sale of Rs 2000, COGS of Rs 800, Pre-Interest Operating Expenses of Rs 600 and Interest expenses of Rs 200. Int...
What is the minimum vesting period in case of ESOPs?
Equity Multiplier allows the Investors to see: (In DuPont Analysis)
Special effects used to introduce slides in a PowerPoint or any other Software presentation are known as ________?
Which of the following statement is incorrect with respect to provisions?
Which of the following concepts describes the line of authority should flow from top management to bottom?
A company issues 5,00,000 shares in the market. The face value of each share is Rs.2, the book value is Rs.10 and the market value is Rs.15. What is th...
