Loading [MathJax]/jax/output/HTML-CSS/jax.js
download Mastguru Android App

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
=(6970∗1441)=Rs2380

Similar Questions :

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. 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. 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

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. 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.

Read more from - Partnership Questions Answers
Post a comment

    Mastguru Youtube Channel

    Videos @mastguru

    Free useful videos - Subscribe Mastguru
     

    Get Free Current Affairs and Govt Jobs Alerts in your mailbox

    To Appreciate Our Effort, Please Like Us

    Quantitative Aptitude
    English Aptitude
    Reasoning Aptitude
    Computer Awareness
    General Knowledge
    Current Affairs
    IT Officer Aptitude
    Programming Aptitude
    Latest Govt Jobs