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What is the lime of maximum numbers of Partners in partnership Firm ?

Asked by Awdhesh Kumar 31/05/2020 Last Modified 30/06/2020

5 Answers

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There is no agreement regarding sharing of profits (or) partnerships salary. Rose is a whole-time partner whereas Lilly does not attend business regularly. Rose claims Rs 3,000 salary a month and 60% of balance profits Rs 24,600 Lilly advanced Rs 10,000 as loan and now she claims 10% interest. State how you will settle the accounts.

No salary to any partner. Profits will be shared equally. Interest on loan will be paid at 6% p.a.

Shubham

0 0

How much should I charge for class 12 Maths (online tutor)?

I charge Rs 500 per hour for teaching Class 12 Mathematics due to my educational background and teaching experience. Ideally, you should charge what you truly deserve based on your level of teaching.

Pradeep Singh

0 0

As there is a change in pattern this year..What will be the difficulty level of 2020 board exams of class 12? Will it be easy or hard??

I will suggest you prepare the previous year's hardest question paper.

Jamil

0 0

A company has a loan of Rs.15,00,000 as part of its capital employed. The interest payable on Loan is 15% and the ROI of the company is 25%. The rate of income tax is 60%. What is the gain to shareholders due to the loan raised by the company?

ROI = EBIT/ Capital EmployedEBIT = ROI × Capital Employed = 25% × 20,00,000 = 5,00,000 Intrest = 20,00,000 × 15% = 3,00,000 Shareholders Gain = EAT ( Earning After Tax) = (EBIT - Intrest)...

Nazia

0 0

what is the value of i exponent i where i = square root negative 1

0.20788 exp(i*x) = cos(x) + i*sin(x) exp(i*Pi/2) = cos(Pi/2) + i*sin(Pi/2) = i square both the sides now. i^i = exp(i*i*Pi/2) = exp(-Pi/2) = 0.20788 Interesting fact is that i raised to the i-th power is actually a real number!

Kumar Upendra Akshay

0 1

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False benefits & advantages of language labs. The number of schools using language labs has increased noticeably. This paper is aimed at discussing the real &...

Readmyscript Outreach Program

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English (Fill In The Blank, Para Jumble And Para Completion)

Question: 1. Fill In The Blank: My inward petition was instantly _______. First, a delightful cold wave descended over my back and under my feet, _______ all discomfort. a) Acknowledged, banishingb)...

Sujoy Das

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C++ Constructor and Destructor

Constructor and Destructor What is the need of a constructor and it can be explained with an example: // Turbo C compiler #inlcude #include #include class Stud { int Rno; char Name; public: void...

Sujatha K.

0 0

x And y Are Real Numbers s.t 2 < x < 3 And -8

Question: x and y are real numbers s.t 2 < x < 3 and -8<y: A) x^2 y B) xy^2 C) 5xy Solution: xY^2 is postive. So out of scope X^2 Y has min value of 4 * -8 = - 32 and 5xy can have...

Sujoy Das

2 0

Understanding Limits Through Graphs

Maths is often taught mechanically. Just consider the case of limits. Most of the standard textbooks define, the limit is the value that a function "approaches" as the input "approaches" some value. This...

Abhilash K S

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