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. A,B and C enter into a partnership investing Rs 35000, Rs 45000 and 55000. Find the their respective shares in annual profit of 40,500

10500, 13500, 19500
10500, 13500, 18500
10500, 13500, 17500
10500, 13500, 16500

Answer: Option D

Explanation:

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

A's share = (7/27) *40500 = Rs 10500
B's share = (9/27) *40500 = Rs 13500
C's share = (11/27)*40500 = Rs 16500

[In options we can see that only salary of C is different in all options. So we cn just calculate the C share to solve question quickly :) ]

2. 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

3. 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

4. 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

5. A and B entered into a partnership investing Rs. 16000 and Rs. 12000 respectively. After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more. After 3 more months C joins the business with a capital of Rs. 21000. The share of B exceeds that of C, out of a total profit of Rs. 26400 after one year by

Rs. 3200
Rs. 3400
Rs. 3600
Rs. 3800

Answer: Option C

Explanation:

A:B: C = 16000*3 + 11000*9:12000*3 + 17000*9:21000*6
= 147:189:126 = 7:9:6
Difference of B and C’s shares =
Rs. [26400 * (9/22) — 26400 * (6/22))
= Rs. 3600