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Question Detail
Kamal started a business investing Rs 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?
- Rs 2380
- Rs 2300
- Rs 2280
- Rs 2260
Answer: Option A
Explanation:
Now as per question, Kamal invested for 12 months and Sameer invested for 7 months.
So
Kamal:Sameer = (9000*12):(8000*7)
= 108:56
= 27:14
Sameer Ratio in profit will be
\begin{aligned}
= \left(6970*\frac{14}{41}\right) \\
= Rs& 2380
\end{aligned}
1. Rs. 700 is divided among A, B, C so that A receives half as much as B and B half as much as C. Then C's share is
- Rs 200
- Rs 300
- Rs 400
- Rs 500
Answer: Option C
Explanation:
Let C = x.
Then B = x/2
and A = x/4
A:B:C = 1:2:4.
C's share Rs.[(4/7)*700) = 400
2. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2:3. What is B's contribution in the capital
- Rs 9000
- Rs 7000
- Rs 5000
- Rs 4000
Answer: Option A
Explanation:
Let B contribution is x.
\begin{aligned}
\frac{3500*12}{7x} = \frac{2}{3} \\
=> 14x = 126000
=> x = Rs 9000
\end{aligned}
3. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined them after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed amount A, B and C
- 3:7:5
- 6:10:5
- 6:10:7
- 6:7:5
Answer: Option B
Explanation:
Let initial investment of A is 3x and B is 5x, then C investment is also 5x, but most important to note in this question is the time duration of investment
Like, A invested for 12 months, B invested for 12 months and C invested for 6 months.
A:B:C =(3x*12):(5x*12):(5x*6)
= 36:60:30
= 6:10:5
4. Manoj received Rs. 6000 as his share out of the total profit of Rs. 9000 which he and Ramesh earned at the end of one year. If Manoj invested Rs.120000 for 6 months, whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh
- Rs. 2000
- Rs. 3000
- Rs. 4000
- Rs. 5000
Answer: Option D
Explanation:
Suppose Ramesh invested Rs. x. Then,
Manoj : Ramesh = 20000 * 6 : x * 12.
120000/12x : 6000/3000
=> x = 120000/24 = 5000
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}
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