Question Detail

Check which among following are required to answer this questions :

Three friends started a businesss, let there names are A, B and C. What profit B will get, if,

1. C invested Rs. 8000 for nine months, his profit was 3/2 times that of B's and his investment was four times that of A.

2. A and B invested for one year in the proportion 1 : 2 respectively.

3. The three together got Rs. 1000 as profit at the year end.

Only 1 and 3
Only 1 and 2
All 1, 2 and 3
None of above

Answer: Option C

Explanation:

We will require all the statements to answer this question,

1 and 2 will give :
C = Rs. (8000 x 9) for 1 month = Rs. 72000 for 1 month.
A = Rs. (1/4 * 8000 * 12 ) for 1 month = Rs 24000 for 1 month
B = Rs 48000 for one month

C:A:B = 72000 : 24000 : 48000 = 3 : 1 : 2

From 3, we will get total Profit = 1000

Now from the ratio and total profit we can get Share of C.

C share will be = 1000 * 2/6 = 333 (1/3)

1. Nirmal and Kapil started a business investing Rs. 9000 and Rs. 12000 respectively. After 6 months, Kapil withdrew half of his investment. If after a year, the total profit was Rs. 4600, what was Kapil’s share initially ?

Rs 2300
Rs 2400
Rs 2500
None of above

Answer: Option A

Explanation:

Nirmal:Kapil = 9000*12:(12000*6+6000*6) = 1:1

Kapils share = Rs. [4600 *(1/2)) = Rs. 2300

2. In business, A and C invested amounts in the ratio 2:1, whereas the ratio between amounts invested by A and B was 3:2, If Rs 157300 was their profit, how much amount did B receive.

Rs 48000
Rs 47000
Rs 47400
Rs 48400

Answer: Option D

Explanation:

A:B = 3:2 = 6:4
=> A:C = 2:1 = 6:3

=> A:B:C = 6:4:3

B share = (4/13)*157300
= 48400

3. A started a business with Rs.21,000 and is joined afterwards by B with Rs.36,000. After how many months did B join if the profits at the end of the year are divided equally?

Answer: Option B

Explanation:

Suppose B joined after x months
then,
21000*12=36000*(12-x)
=> 36x = 180
=> x = 5

4. Rahul and Bharti are partners in a business. Rahul contributes 1/4th capital for 15 months and Bharti received 2/3 of profit. For how long Bharti money was used.

8 months
10 months
11 months
17 months

Answer: Option B

Explanation:

Let the total profit be Rs. Z

Bharti's share = (2/3)Z
Rahul's Share = Z-(2/3)Z = Z/3

Rahul:Bharti = Z/3:(2/3)Z = 1:2

Now let the total capital be Rs X, and Bharti capital was used for Y months
then, Rahul capital will be (1/4)X and Bharti capital wil be X-(1/4)X = 3X/4
\begin{aligned}
\frac{\frac{1}{4}X*15}{\frac{3}{4}X*Y}= \frac{1}{2} \\
Y = \frac{15*2}{3} = 10
\end{aligned}

So Bharti's money was used for 10 months

5. A, B and C enter into a partnership investing Rs 35000, Rs 45000 and Rs 55000 resp. The respective share of A,B and C in an annual profit of Rs 40500 are.

Rs. 11500, Rs. 13500, Rs. 16500
Rs. 10500, Rs. 12500, Rs. 16500
Rs. 10500, Rs. 13500, Rs. 15500
Rs. 10500, Rs. 13500, Rs. 16500

Answer: Option D

Explanation:

A:B:C = 35000:45000:55000
= 7:9:11

Now we are having the ratio.
to get the share, first make total of above ratio.
then get each share.

\begin{aligned}
\text{A's Share} = 40500*\frac{7}{27} \\
= Rs&10500 \\

\text{B's Share} = 40500*\frac{9}{27} \\
= Rs&13500 \\

\text{B's Share} = 40500*\frac{11}{27} \\
= Rs&16500 \\

\end{aligned}