Question
Three Partners Chandra, Shekhar and Azad invested in the
ratio of 3/2, 2/3, 4/3 in a business. After 3 months Chandra decreased his capital by 50%. If the total profit of Rs. 12690 earned at the end of the year, find what was the Chandra’s Share of profit?Solution
Multiply Ratios by (2,3,3 LCM) i.e., 6x
Total Capital of Chandra in 1 year = 9x × 3 + 4.5x × 9 = 27x+40.5x = 67.5x Total Capital of Shekhar in 1 year = 4x × 12 = 48x Total Capital of Azad in 1 year = 8x × 12 = 96x
According to the question  67.5 + 48x + 96x = 12690 211.5x = 12690 x = 12690/211.5 = 60 Hence, Share of Chandra = 67.5 × 60 = 4050
For the small finance banks, ____________ of the Adjusted Net Bank Credit should be towards the priority sectors as identified by the RBI.
Which of the following system enabling the citizens of the country to utilize any ATM of a connected bank?
Which of the following is not a type of lean system?
As per RBI draft prudential guidelines for Advances - Projects Under Implementation, Directions, 2024, the LIE must certify the stages of completion of...
Which of the following categories of borrowers are eligible for housing loans from Urban Cooperative Banks (UCBs)?
Which of the following is not-non planned expenditure?
Calculate the Debt Equity ratio of the company.
What do ethics most closely relate to?
Which of the following best describes the concept of arbitrage in finance?
Which of the following statements accurately describe payday loans?
1) Payday loans are typically repaid in a single payment on the borrower's ne...