Sourav invested ₹28/5 lakhs in a business and earned a profit of ₹29/4 thousands. What is the capital available for expenditure?
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Answered by
74
Answer:
Rs 5,67,250
Step-by-step explanation:
Given Sourav invested ₹28/5 lakhs in a business and earned a profit of ₹29/4 thousands. What is the capital available for expenditure?
Now capital means amount invested plus profit.
So amount invested will be 28/5 lakhs = 5.6 lakhs
5.6 lakhs means 5 lakh 60 thousand
Now we need to know the profit
So profit will be 29/4 = 7.2 thousand .
So 7.2 thousand means seven thousand two hundred and fifty.
So total amount will be
5,60,000 + 7,250 = 5,67,250
So capital available for expenditure will be Rs 5,67,250
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26
Answer:
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