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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. 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
2. 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
3. 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
4. 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}
5. 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
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