A shop selling electronic items sells smartphones of only three reputed companies A, B, and C because chances of their manufacturing a defective smartphone are only 5%, 4%, and 2% respectively. In his inventory, he has 25% smartphones from company A, 35% smartphones from company B, and 40% smartphones from company C.
A person buys a smartphone from this shop
Simar, Tanvi, and Umara were partners in a firm sharing profits and losses in the ratio of 5 : 6 : 9. On 31st March, 2024, their Balance Sheet was as follows:
Liabilities | Amount (₹) | Assets | Amount (₹) |
Capitals: | Fixed Assets | 25,00,000 | |
Simar | 13,00,000 | Stock | 10,00,000 |
Tanvi | 12,00,000 | Debtors | 8,00,000 |
Umara | 14,00,000 | Cash | 7,00,000 |
General Reserve | 7,00,000 | Profit and Loss A/c | 2,00,000 |
Trade Payables | 6,00,000 | ||
Total | 52,00,000 | Total | 52,00,000 |
Umara died on 30th June, 2024. The partnership deed provided for the following on the death of a partner:
If \(\begin{vmatrix} 2x & 3 \\ x & -8 \\ \end{vmatrix} = 0\), then the value of \(x\) is: