Question
Ramesh, Rajan and Ritesh enter into partnership by
making investments in the ratio 3 : 5 : 7. After a year, Ritesh invests another Rs. 337600 while Ramesh withdraws Rs. 45600. The ratio of investments then changes to 24:59:167. How much did Ramesh invest initially?Solution
Let the initial investments of Ramesh, Rajan, Ritesh be Rs. 3x, 5x and 7x respectively. => (3x – 45600) : 5x : (7x + 337600) = 24:59:167 => (3x – 45600)/5x = 24/59 => x = 47200 ∴ Ramesh initially invested Rs. (47200 × 3) = Rs. 141600
In which state of the country the first zoo with IGBC certification has been located?
What the true about SLR (statutory Liquidity Ratio)?
i. The SLR is determined by a percentage of net demand and time liabilities
ii. Th...
Who launched the ‘Shaurya Gatha’ project to promote India’s military heritage?
Which of the following Indian firm has acquire fintech start-up ZestMoney for about $300 mn?
The government of Telangana, in collaboration with the World Economic Forum and the Indian Institute of Science (IISc) launched India's first Agricultur...
As per the latest ranking released by the Department for Promotion of Industry and Internal Trade (DPIIT), which two states emerged as the “best p...
The 9th International Chefs Conference, organized by the Indian Federation of Culinary Association (IFCA) and supported by the Department of Agriculture...
What is the primary goal of SBI's "Har Ghar Lakhpati" initiative?
Which country’s president visited India to enhance defense and energy ties?
What is the name of the NRE & NRO savings account launched by Bank of Baroda for women NRIs?