'Ashish' started a business by investing Rs.15,000. 'm' months later, 'Arjun' joined him by investing Rs. 10,000. 4 months after joining the business, 'Arjun' increased his investment by Rs. 2,500. If at the end of the year, the profits were divided between 'Ashish' and 'Arjun' in the ratio 2:1, individually, then find the value of 'm'.
ATQ, we can say that Ratio of profit shares of 'Ashish' and 'Arjun' at the end of the year = (15000 × 12): [(m × 0) + (4 × 10000) + (12 - 4 - m) × 12500)] = 180000: [40000 + (8 - m) × 12500] = 180000: (140000 – 12500m) Then, [1800/(1400 - 125m)] = (2/1) Or, 900 = 1400 - 125m Or, 500 = 125m So, m = 4
The average time until the cash flows on the bond is received:
IRDA has the power to frame the regulations under section ___of the Insurance Act. 1938.
Which of the following is not a component of MCLR?
Which is the biggest International Financial Services Centres in the globe?
When did GIFT City's first international exchange, India International Exchange, start its operation?
Which city was included in the main index for the first time in Global Financial Centres Index (GFCI) 33?
An anchor investor is one of the following:
Consider the following Statements about the GFCs and choose the option with Correct Statements.
I- The city ranked as the No. 2 GFC in the world ...
Whose prior approval is required to be taken by the Authority under the IFSCA Act to establish offices at other places in India or outside India?
As per Global Financial Centres Index (GFCI), how many associate centres are awaiting potential inclusion in the main index?
