Question
P, Q and R together started a business. Two times the
investment of P equals three times the investment of Q and the capital of Q is twice that of R. Find the ratio of share of each in the profit.Solution
According to the question, => 2P = 3Q => P : Q = 3:2 Q’s capital is twice R’s capital. => Q/R = 2/1 => Q : R = 2 : 1 P : Q : R = 3 × 2 : 2 × 2 : 2 × 1 = 3:2:1
What is the primary purpose of innovation in entrepreneurship?
What is the term used to describe the process of acquiring or merging with another company to achieve growth or strategic objectives?
Which Indian government scheme aims to promote entrepreneurship and self-employment among the urban poor by providing subsidized loans and skill develop...
Why is the notion of ‘vision’ important in entrepreneurship?
Which of these statements best describes the context for entrepreneurship?
What does the term "bootstrapping" mean in the context of entrepreneurship?
Person who works within an organization and having entrepreneurial capabilities is:
Which Indian government scheme focuses on providing financial assistance and business development services to women entrepreneurs?
As defined by the Mc Kinsey group which of the following is not a key characteristic of Innovation?
What does the term "lean startup" refer to in entrepreneurship?