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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

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. Anand and Deepak started a business investing Rs.22,500 and Rs.35,000 respectively. Out of a total profit of
Rs. 13,800. Deepak's share is

  • Rs 9600
  • Rs 8500
  • Rs 8450
  • Rs 8400

Answer: Option D

Explanation:

Ratio of their shares = 22500 : 35000
=9 : 14

Deepak's share = Rs.(13800×14/23)
= Rs. 8400

3. Three partners A,B and C shared the profit in a software business in the ratio 5:7:8. They had partnered for 14 months, 8 months and 7 months respectively. Find the ratio of their investments?

  • 19:49:64
  • 20:49:64
  • 20:49:65
  • 20:50:64

Answer: Option B

Explanation:

Let their investments be Rs. x for 14 months, Rs. y for 8 months and Rs. z for 7 months respectively

Then, 14x : 8y : 7z = 5 : 7 : 8

Now, 14x/8x = 5/7
=> y = (49/20)x

14x/7z = 5/8

=> z = (16/5)x

=>x:y:z = x:(49/20)x:(16/5)x
= 20:49:64

4. P and Q started a business investing Rs 85000 and Rs 15000 resp. In what ratio the profit earned after 2 years be divided between P and Q respectively.

  • 17:5
  • 17:3
  • 17:6
  • 17:7

Answer: Option B

Explanation:

In this type of question as time frame for both investors is equal then just get the ratio of their investments.

P:Q = 85000:15000
= 85:15
= 17:3

5. A, B and C invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. A left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of B?

  • Rs 690
  • Rs 790
  • Rs 890
  • Rs 990

Answer: Option C

Explanation:

A:B:C = (8000*6):(4000*8):(8000*8)
= 48:32:64
= 3:2:4

So B share = (2/9)*4005 = Rs 890

Read more from - Partnership Questions Answers