Neena and Meena started a business with investment of Rs. 30000 and Rs. 45000
Then, the ratio of investment of neena and Meena = 30000 / 45000
= 2:3
Total profit after two years = 1,50,000
Then, Share of Meena from profit = 150000 x 3/5
= 30000 x 3
= 90000
Hence, the correct answer is option (d) None of these
English
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200 Marks
120 Mins English English20 Questions20 Marks15 Mins English English200 Questions200 Marks120 Mins EnglishA loan of ₹21600 is to be paid back in two equal annual instalments. If the rate of interest is 16% p.a. compounded yearly, then the total interest charged is
A sum of Rs. 21,000 is borrowed at a rate of 10% p.a. compound interest compounded yearly. It is returned in two equal annual instalments What is the amount of each installment?
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A sum of Rs.12,300 was taken as a loan. This is to be paid back in two equal annual instalments. If the rate of interest be 5% per annum, compounded annually, find the value of each instalment.
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