Question
'Arjun' initiated a business with an investment of Rs.
1,200. After eight months, 'Bhishma' joined the business with an investment equivalent to 60% of 'Arjun's investment. If the total profit earned at the end of the year is Rs. 4,200, determine the profit share of 'Bhishma'.Solution
ATQ, Amount invested by ‘Bhishma’ = 1200 × 0.6 = Rs. 720 Ratio of profit shares of ‘Arjun’ and ‘Bhishma’ = (12 × 1200):(4 × 720) = 5:1 So, profit share of ‘Bhishma’ = 4200 × (1/6) = Rs. 700
Which of the following best describes the role of the UPISetu platform in the context of India's digital payments landscape?
As part of the T+0 settlement cycle initiative, SEBI expanded the number of top market cap scrips eligible for faster settlements from 25 to how many, ...
What is the theme of SEFCO-2025 organized by ?
Recently which regulatory body has issued a framework for dealing with suspension, cancellation, or surrendering of the license of credit rating agencies?
Which Indian entity will acquire a majority stake in Pegatron’s iPhone plant in Tamil Nadu, and what percentage stake will it hold?
Which company's Air Operator Certificate (AOC) was issued by the Directorate General of Civil Aviation (DGCA)?
As per the Rajasthan Factories Rules (Amendment) 2025, what is the new overtime limit per quarter for adult workers?
Which ministry has introduced the Electric Mobility Promotion Scheme 2024, which aligns with the banking industry's efforts to support environmentally f...
Recently Pakistan has successfully conducted the test flight of which ballistic missile?
_________ has entered into an agreement with Bigfoot Retail Solution Pvt Ltd (Shiprocket) to directly generate e-PBE (Postal Bill of Export) and shippin...
Relevant for Exams:
