Rahul and Seema started a business with investments of Rs. 2000 and Rs. 2800, respectively. Three months into the business, Tanvi joined them with an investment of Rs. 3600. By the year's end, Tanvi's share of the profit amounted to Rs. 1080. Calculate the difference in profit share between Rahul and Seema.
ATQ, Ratio of profit shares of Rahul, to that of Seema, and to that of Tanvi = (2000 × 12) : (2800 × 12) : (3600 × 9) = 20:28:27. Let the profit share of Rahul, Seema, and Tanvi be Rs. '20a', Rs. '28a', and Rs. '27a', respectively. ATQ: 27a = 1080 Or, 'a' = (1080 / 27) = 40 So, difference between profit shares of Rahul and Seema = 28a - 20a = 8a = 8 × 40 = Rs. 320
Bahamas has been the first economy to launch its nationwide Central Bank Digital Currency (CBDC) named _____.
The limits for FPI investment in Government securities (G-secs) is at …………………… of outstanding stocks of securities for FY 2022-23
...FTSE is stock market index of which of the following country?
When is World Braille Day annually observed?
Dr. G Hemaprabha was appointed as the Director of the ICAR-Sugarcane Breeding Institute on the recommendation of Agricultural Scientists Recruitment B...
BookMyShow and RBL Bank have collaborated to offer the new credit card called “Play” to increase the entertainment value for the Indian customers....
Which program did SBI Life Insurance launch to engage B-School students to innovate in the life insurance sector?
The capital asset pricing model (CAPM) suggest that, the cost of equity is a trade-off between
What percentage of wage revision has been approved for employees of the Life Insurance Corporation of India (LIC), effective from August 2022?
A money market is a market where _______
