Partnership
- Monaj got Rs.6000 as his share out of a total profit of Rs. 9,000 which he and Ramesh earned at the end of one year. If Monoj invested Rs. 20,000 for 6 months. Whereas Ramesh invested his amount for the whole year, what was the amount invested by Ramesh ?
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Let the amount invested by Ramesh = Rs. N
Then, 20000 x 6 : 12N = 6000 : 3000Correct Option: D
Let the amount invested by Ramesh = Rs. N
Then, 20000 x 6 : 12N = 6000 : 3000
⇒ 120000/12N = 2/1
∴ N = 5000
- A and B enter into partnership investing Rs. 12,000 and Rs. 16,000 respectively. After 8 months C joins them with a capital of Rs. 15,000. The share of C in a profit of Rs. 45600 after 2 years will be ?
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Ratio of shares = 12000 x 24 : 16000 x 24 : 15000 x 16 = 6 : 8 : 5
∴ C's share = Rs. 45600 x (5/19) = Rs. 12000Correct Option: D
Ratio of shares = 12000 x 24 : 16000 x 24 : 15000 x 16 = 6 : 8 : 5
∴ C's share = Rs. 45600 x (5/19) = Rs. 12000
- A, B and C invest Rs. 2,000, Rs. 3,000 and Rs. 4,000 in a business. After one year A removed his money but B and C continued for one more year. If the net profit after 2 years be Rs. 3,200 then A's share in the profit is ?
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A : B : C = 2000 x 12 : 3000 x 24 : 4000 x 24 = 1 : 3 : 4
A's share = Rs. ( 3200 x 1 / 8) = Rs. 400Correct Option: D
A : B : C = 2000 x 12 : 3000 x 24 : 4000 x 24 = 1 : 3 : 4
A's share = Rs. 3200 x (1/8) = Rs. 400
- A, B and C entered into partnership. A invests some money at the beginning. B invests double the amount after 6 months and C invests thrice the amount after 8 months. If the annual profit be Rs. 18,000, C's share is ?
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Suppose A invested Rs. N.
Then A : B : C = 12N : 6 x (2N) : 4 x (3N) = 1 : 1 : 1
∴ C's share = Rs. (18000) x 1/3Correct Option: C
Suppose A invested Rs. N.
Then A : B : C = 12N : 6 x (2N) : 4 x (3N) = 1 : 1 : 1
∴ C's share = Rs. (18000) x 1/3 = Rs. 6000
