4. (Answer for Sum No.24)
Calculation of Capital Ratio:
Capital given by Devaraj for one month
Duration Capital
Rs.
Months for which capital
used in the business
Product
Rs.
(01.01.2008 – 28.02.2008)
(01.03.2008 – 31.03.2008)
(01.04.2008 – 31.05.2008)
(01.06.2008 – 29.09.2008)
(30.09.2008 – 31.12.2008)
(10,000 + 2,000)
(12,000 – 3,000)
(9,000 + 4,000)
(13,000 – 8,000)
10,000
12,000
9,000
13,000
5,000
2 months
1 month
2 months
4 months
3 months
20,000
12,000
18,000
52,000
15,000
1,17,000
5. Capital given by Francis for one month
Duration Capital
Rs.
Months for which capital
used in the business
Product
Rs.
(01.01.2008 – 01.04.2008)
(01.04.2008 – 31.05.2008)
(01.06.2008 – 30.09.2008)
(30.09.2008 – 31.12.2008)
(6,000 +7,000)
(13,000 – 6,000)
(7,000 + 8,000)
6,000
13,000
7,000
15,000
3 months
2 months
4 months
3 months
18,000
26,000
28,000
45,000
1,17,000
Capital Ratio between Devaraj and Francis = 117 : 117
(or)
1 : 1