Question Detail

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

1. 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

2. Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?

Rs 7000
Rs 6000
Rs 5000
Rs 4000

Answer: Option D

Explanation:

Just take care of the months of investment, rest all will be simple.

Yogesh:Pranab:Atul = 45000*12:60000*9:90000*3
= 2:2:1
Atul's share = Rs. 20000 * (1/5) = Rs. 4000

3. Sumit and Ravi started a business by investing Rs 85000 and 15000 respectively. In what ratio the profit earned after 2 years be divided between Sumit and Ravi respectively.

17:1
17:2
17:3
17:4

Answer: Option C

Explanation:

Note: If you have clear concept of ratio and proportion chapter then it will really easy for you to solve partnership problems.

P:Q = 85000:15000 = 17:3

Important to note there that if both have invested for different period of times then we had to multiply with number of months to get the desired ratio.

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. 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