Question
A and B together start a business with investment of Rs.
1800 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 7000 and share of A is Rs. 3000, then find the value of x.Solution
Ratio of share of profit of A : B = 1800: (x + 900) So, {1800/(x + 2700)} × 7000 = 3000 => 4200 = x + 2700 => x = 1500
Why is tolerance important in a diverse society?
What is the significance of moral principles?
What does the term "nonmaleficence" mean in moral principles?
What is the purpose of upward communication in an organization?
What is a key goal of inventory management?
How can emotional intelligence contribute to effective communication in public services?
How can unethical practices impact a business's reputation and trust?
What is the purpose of safety stock in inventory management?
When a public servant misrepresents information to the public, which ethical principle is compromised?
What is the fiduciary duty of board members concerning decision-making?