A, B and C started a business with initial investments in the ratio 3:4:8, respectively. After one year A, B and C made additional investments equal to 20%, 30% and 45% of their initial investments respectively. Find the profit share of B out of the total profit of Rs. 17700 after two years.
Let the initial investments of A, B and C be Rs. 3x, Rs. 4x and Rs. 8x respectively. So the additional investment of A = 0.20 × 3x = Rs. 0.6x Additional investment of B = 0.30 × 4x = Rs. 1.2x Additional investment of C = 0.45 × 8x = Rs. 3.6x Ratio of investments of A, B and C = (3x + 3x + 0.6x):(4x + 4x + 1.2x):(8x + 8x + 3.6x) = 6.6x : 9.2x : 19.6x = 33 : 46 : 98 So the profit share of B = 46/(33 + 46 + 98) × 17700 = Rs. 4600
According to part IVA of Indian Constitution," who is a parent or guardian, has a duty to provide opportunities for education to his child or, as the ca...
Who among the following was defeated by Prithviraj Chauhan in the first battle of Tarain?
Which of the following is not a major consideration in the selection and application of accounting policies?
Consider the following statement about “Miyawaki” Plantation Method:
1. In December 2023, in a bid boost forest cover in the coal belt region...
During one of the Five-Year Plans which of the following politicians gave the slogan ‘Garibi Hatao’?
Who among the following Presidents of India was also the deputy chairman of Planning Commission?
Which Commission recommended 27% reservation for OBC candidates in all levels of government services?
Which entity was the first credit agency in India?
Report on Global Remittances is published by which of the following global financial agency?
Which section of RBI Act 1934 gives the provisions to override other provisions of Act?
