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P and Q invested in a hotel with Rs. 35000 and Rs. 25000 respectively. R comes along and puts a condition that each must share the profit equally. To do so, he

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Chapter 20: Questions & Answers

Two partners invested Rs. 125000 and Rs. 85000 respectively in a business. They distribute 60% of the profit equally and decide to distribute the remaining 40% as the interest on their capitals.

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A,B,C start a business jointly investing RS 1,80,000 in together.A gives RS 20000 more than that of B gives

Chapter 14: Question & Answers

1 Section - I Direction for questions 1–4: Read the following passage

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Chapter 14: Question & Answers

The California Lumber Merchant - January 1955 by 526 Media Group - Issuu