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Statistical Data
☼ Deterministic the Class-Length ( Class Interval ) of Ungrouped Data :–
c =  ;Where c= Class- Length, k=Number of Classe…
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Index
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Examples 4 to 7
(4) ‘A’ and ‘B’ started a business in partnership investing the same amounts. They made a total profit of Rs. 8000. ‘A’ got Rs. 6000 out of the profits for his investment for 12 months. For how long did ‘B’ invest ?
Soln…
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Examples 1 to 3
(1) A and B started a business by investing Rs. 50000 and Rs. 40000 respectively. Find the share of each out of an annual income of Rs. 41400.
Soln. Ratio of shares of A and B = 50000 : 40000 = 5
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Monthly Equivalent Investment
☼ Monthly Equivalent Investment is the profit of the capital investment and the period for which it is invested.
If the period of investment is different, then the profit or loss is divided in the ratio of their Monthly Equ…
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Partnership
☼ Partnership : When two or more persons run a business jointly, they are called partners and the deal is known as partnership.
If the capitals of the partners are invested for the same time, the partnership is called …
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