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

Question: Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?
[A].

Rs. 890

[B].

Rs. 1335

[C].

Rs. 1602

[D].

Rs. 1780

Answer: Option A

Explanation:

Arun : Kamal : Vinay = (8,000 x 6) : (4,000 x 8) : (8,000 x 8)

= 48 : 32 : 64

= 3 : 2 : 4.

Kamal’s share = Rs.		4005 x	2		= Rs. 890.
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Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal? Read More »

Aptitude, Partnership

Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?

Aptitude, Partnership / admin

Question: Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?

[A].

7 : 6 : 10

[B].

12 : 15 : 16

[C].

42 : 45 : 56

[D].

Cannot be determined

Answer: Option B

Explanation:

Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.

Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business? Read More »

Aptitude, Partnership

A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

Aptitude, Partnership / admin

Question: A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?

[A].

Rs. 7500

[B].

Rs. 9000

[C].

Rs. 9500

[D].

Rs. 10,000

Answer: Option A

Explanation:

A : B : C = (20,000 x 24) : (15,000 x 24) : (20,000 x 18) = 4 : 3 : 3.

B’s share = Rs.		25000 x	3		= Rs. 7,500.
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A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business? Read More »

Aptitude, Partnership

Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran’s share in the profit?

Aptitude, Partnership / admin

Question: Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran’s share in the profit?

[A].

Rs. 9,423

[B].

Rs. 10,250

[C].

Rs. 12,500

[D].

Rs. 10,500

Answer: Option D

Explanation:

Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.