- Rs. 5850
- Rs. 6540
- Rs. 6950
- Rs. 7750
- None of these
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Somit and Girish start a business and invest Rs. 16000 and Rs. 32000 respectively. After 6 months, Somit doubles his investment and Girish increases his investment by 50%. The business earns an annual profit of Rs. 13824 which is distributed between them. By what percentage is the profit earned by Girish more/less than that earned by Somit?
Option 2 : 66.67% moreGiven: Somit’s investment = Rs. 16000 Girish’s investment = Rs. 32000 After 6 months, Somit doubles his investment. After 6 months, Girish increases his investment by 50%. The annual profit =...
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A and B start a business. Sum invested by B is half of that invested by A. Nine months after the start of the business, B completely withdraws from the business and C joins the business with Rs. 9000. If the total annual profit earned was Rs. 27000 and C earned Rs. 5000 as his share from the profit, what was A's initial investment?
Option 5 : Other than those given as optionsGIVEN: Sum invested by B is half of that invested by A. Nine months after the start of the business, B completely withdraws from...
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A and B started a business. A invested Rs. X and B invested Rs. 1.5X. Six months after the start of business, C joined them with an investment of Rs. 5000. If the total annual profit is Rs. 6000, what is A's share of the same
I. C's share of the total annual profit is Rs. 2000.
II. X = 2000?
Option 2 : The data either in statement I alone or in statement II alone are sufficient to answer the question.Formula: Profit = Money × Time Calculation: Money invested by A = X Money...
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X and Y started a business by investing Rs. 9.84 lakhs in the ratio 21 ∶ 20. After 5 months, X increased his investment by Rs. 2.96 lakhs. After a month, Z joined the business by investing Rs. 10 lakhs. After another month, Y sold 50% of his share to Z, while X increased his investment by Rs. 2 lakhs. At the end of the year, what part of the profit share will Z receive?
Option 2 : 10/29Calculation: X and Y initially invested Rs. 9.84 lakhs in ratio 21∶ 20 ⇒ X’s initial investment = (21/41) × 9.84 = Rs. 5.04 lakhs ⇒ Y’s initial investment...
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In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option.
Quantity A: X and Y started a partnership business by investing in the ratio 5 ∶ 6. Z joined them after 4 months with an amount equal to 2/3rd of that of Y. What was their total profit at the end of the year, if Z got Rs. 28000 as his share
Quantity B: Two friends P and Q started a business investing amount in the ratio of 5 : 6. R joined them after 6 months investing an amount equal to that of Q’s amount. At the end of year 20% profit was earned which was equal to Rs. 98,000. What was the amount invested by R?
Option 3 : Quantity A < Quantity BQuantity A: Let the investment by X = 5x and Investment by Y = 6x ∴ Investment by Z = 6x × 2/3 = 4x The ratio in...
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S, T and U started a business by investing Rs. 4200, Rs. 6300 and Rs. 8400 respectively. S left the business after 3 months, T left 6 months after the business had started and U remained in the business till one year. At the end of one year the total profit is Rs. 6000. What is the U’s share (in Rs) in the profit?
Option 3 : 4000Ratio of profit = Ratio of S’s capital × time : Ratio of T’s capital × time : Ratio of U’s capital × time ⇒ Ratio of profit...
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The given question consists of three statements numbered I, II and III. You have to decide whether the data provided in the statements are sufficient to answer the question. Read all the statements and answer the question.
Three friends Praveen, Ranveer and Hrithik started a business investing money in the ratio of 5 ∶ 4 ∶ 2 for a period of 3 years. What is the amount received by Praveen as his share in the total profit
I. Total amount invested in the business is Rs. 22,000.
II. Profit earned at the end of 3 years is 3/8th of the total investment.
III. The average amount of profit earned per year is Rs. 2750.?
Option 3 : Either statement III or statement I and statement II together are sufficient to answer the question.Considering statement I, I. Total amount invested in business is Rs. 22,000. ∴ This...
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P and Q started a business by investing Rs. 156000 and Rs. 117000 respectively and their time period of investment is same. If P’s share in the profit earned by them is Rs. 12000, then what is the total profit (in Rs) earned by both of them together?
Option 3 : 21000Ratio of their share in total profit = Ratio of their investments = 156000 ∶ 117000 = 4 ∶ 3 Sum of ratios = 4 + 3 =...
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X started a business with initial capital of Rs. 3600. After 4 months, Y joined the business with Rs. 7200. Six months after the business started, Z joined with Rs. 2400. If the total profit earned at the end of the year is Rs. 3520, then what is the share in the profit for X?
Option 2 : Rs. 1320X invested Rs. 3600 for 12 months, Y invested Rs. 7200 for (12 - 4 = 8 months), Z invested Rs. 2400 for (12 - 6...
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The following question has three statements. Study the question and the statements and decide which of the statement(s) is necessary to answer the question.
P, Q and R entered into a partnership. If the profit earned in the business is proportional to the investment and the period of investment then what is the ratio of the share of profit between P and Q after one year if all of them invested for one year
I) R's investment was the same as that Q.
II) R got 1/3 of the total profit.
III) Q's investment was Rs. 100000.?
Option 4 : I and II togetherConsidering Statement III, Q’s investment = Rs. 100000 Hence, this statement is not sufficient alone. Considering Statement I and II together, From II, R got 1/3 of the...
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