
Ques:- Subhash starts a business by investing Rs.25000. 6 months later Aditya joins him by investing Rs.15000. After another 6 months Aditya invests an additional amount of Rs.15000. At the end of 3 yeas they earn a profit of Rs.247000. What is Adityaβs share in the profit?
A. Rs. 105000
B. Rs. 111500
C. Rs. 130000
D. Rs. 170000
Ques:- An individual pays 30% income tax. On this tax he has to pay a surcharge of 10%. Thus the net tax rate, he has to pay is
A. 27%
B. 33%
C. 40%
D. 45%
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