Question
A man invested ₹12,000 in a business, and his partner
invested ₹15,000. After 8 months, the first partner withdrew half of his investment. If the total profit at the end of the year was ₹7,200, find the share of the first partner.Solution
For the first 8 months, the first partner’s investment = ₹12,000. After 8 months, the investment is halved, so for the remaining 4 months, it becomes ₹6,000. The second partner’s investment for 12 months is ₹15,000. The profit ratio is (12,000 × 8 + 6,000 × 4):(15,000 × 12) = 2:3. Share of the first partner = 2/(3+2) × ₹7,200 = ₹2,880. Answer: c) ₹2,880
The Indian Air Force (IAF) will be participating in Exercise INIOCHOS-23, a multi-national air exercise hosted by the Hellenic Air Force. Where is the...
Which Indian state has won a gold medal award at the 40th edition of the India International Trade Fair?
Who has been appointed as the new head of the Defense Intelligence Agency?
The Reserve Bank of India has approved _______ of surplus transfer to the government for 2022-23 and has maintained the contingency risk buffer 50 basis...
Which of the following Indian firm has announces the acquisition of GigIndia?
- Which international declaration will be adopted at the 3R and Circular Economy Forum 2025?
Which of the following information is/are TRUE with respect to the changes made by the Reserve Bank of India in relation to the Small Finance Banks ?
Which country unveiled the world's largest gold bar weighing 300.12 kg?
In response to Cesium-137 contamination in Indonesia, what specific medical aid did India supply in October 2025?
What is the current repo rate as decided by the Reserve Bank of India (RBI) in its latest Monetary Policy Committee (Dec 2024) review?
