M and N started a business by investing Rs.5000 and Rs.6000 respectively. After 6 months, M and N increased their investments by 40% and Rs.2000 respectively. The annual profit share of N was Rs.2800. Find the total annual profit received by them together.
Increased investment of M = 5000 x 1.4 = Rs.7000 Increased investment of N = 6000 + 2000 = Rs.8000 Ratio of profit share of M and N = (5000 x 6 + 7000 x 6) : (6000 x 6 + 8000 x 6) = 6:7 So, total annual profit received by them together = 2800 x (13/7) = Rs.5200
The Reserve Bank of India ( RBI ) regulates the functioning and operations of Non - Banking Financial Companies ( NBFCs ) in India . To ensure financia...
Who won the award for Best Actor in a Leading Role (Female) at the 69th Filmfare Awards, 2024?
What does ECG mean as per the SEBI norms?
Which of the following is a cartilaginous fish?
Who is the founder of IT giant Infosys?
Indian Universities Commission was set up in which of the following years?
What is the target for wheat procurement in the current financial year 2022-23, stated in lakh tonnes?
In terms of ecology, an organism that can tolerate a wide range of temperature is referred to as ____.
Which Indian state does not require an Inner Line Permit System?
Which of the following tracks is not part of the G20 Summits?