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Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa?
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Karan start business with 80,000 of which 30,000 was borrowed by him f...
Introduction:
Karan started his business with a total investment of 80,000, out of which 30,000 was borrowed from his friend Jatin at an interest rate of 10% per annum.
Calculation of Interest:
Since Jatin has lent Karan 30,000 at a rate of 10% per annum, the interest he would earn on this amount for a year would be:
Interest = Principal x Rate x Time
Interest = 30,000 x 0.1 x 1
Interest = 3,000
Therefore, Jatin would earn an interest of 3,000 for lending Karan 30,000 for a year.
Calculation of Karan's Share:
Karan invested a total of 80,000 in the business, out of which 30,000 was borrowed from Jatin. Therefore, his own investment in the business would be:
Karan's Investment = Total Investment - Borrowed Amount
Karan's Investment = 80,000 - 30,000
Karan's Investment = 50,000
Therefore, Karan's share in the business would be 50,000.
Conclusion:
Karan started his business with a total investment of 80,000, out of which 30,000 was borrowed from Jatin at an interest rate of 10% per annum. Jatin would earn an interest of 3,000 for lending Karan 30,000 for a year. Karan's own investment in the business would be 50,000 and hence his share in the business would be 50,000.
Karan started his business with a total investment of 80,000, out of which 30,000 was borrowed from his friend Jatin at an interest rate of 10% per annum.
Calculation of Interest:
Since Jatin has lent Karan 30,000 at a rate of 10% per annum, the interest he would earn on this amount for a year would be:
Interest = Principal x Rate x Time
Interest = 30,000 x 0.1 x 1
Interest = 3,000
Therefore, Jatin would earn an interest of 3,000 for lending Karan 30,000 for a year.
Calculation of Karan's Share:
Karan invested a total of 80,000 in the business, out of which 30,000 was borrowed from Jatin. Therefore, his own investment in the business would be:
Karan's Investment = Total Investment - Borrowed Amount
Karan's Investment = 80,000 - 30,000
Karan's Investment = 50,000
Therefore, Karan's share in the business would be 50,000.
Conclusion:
Karan started his business with a total investment of 80,000, out of which 30,000 was borrowed from Jatin at an interest rate of 10% per annum. Jatin would earn an interest of 3,000 for lending Karan 30,000 for a year. Karan's own investment in the business would be 50,000 and hence his share in the business would be 50,000.
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Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa?
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Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa? for Class 11 2025 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa? covers all topics & solutions for Class 11 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa?.
Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa? for Class 11 2025 is part of Class 11 preparation. The Question and answers have been prepared according to the Class 11 exam syllabus. Information about Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa? covers all topics & solutions for Class 11 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Karan start business with 80,000 of which 30,000 was borrowed by him from his friend jatin at 10% pa?.
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