Two partners invest Rs. 125000 and Rs. 85000 respectively in a business and agree that 60%of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets Rs. 300 more than the other. Find the total profit made in the business ?

Two partners invest Rs. 125000 and Rs. 85000 respectively in a busines

1.	Two partners invest Rs. 125000 and Rs. 85000 respectively in a business and agree that 60%of the profit should be divided equally between them and the remaining profit is to be divided into ratio of their capitals. If one partner gets Rs. 300 more than the other. Find the total profit made in the business ?
A.	s. 3739.50
B.	s. 3937.50
C.	s. 3749.50
D.	s. 3947.50
Answer» C. s. 3749.50

Discussion

No Comment Found

Related MCQs

What is R's share of profit in a joit venture? I. Q started business investing Rs. 80,000. II. R joined him after 3 months. III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.
How much did Rohit get as profit at the year-end in the business done by Nitin, Rohit and Kunal? I. Kunal invested Rs. 8000 for nine months, his profit was times that of Rohit's and his investment was four times that of Nitin. II. Nitin and Rohit invested for one year in the proportion 1 : 2 respectively. III. The three together got Rs. 1000 as profit at the year end.
Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share profit? I. Total amount invested in the business in Rs. 22,000. II. Profit earned at the end of 3 years is of the total investment. III. The average amount of profit earned per year is Rs. 2750.
Ravi, Gagan and Nitin are running a business firm in partnership. What is Gagan's share in the profit earned by them? I. Ravi, Gagan and Nitin invested the amounts in the ratio of 2 : 4 : 7. II. Nitin's share in the profit is Rs. 8750.
Rahul, Anurag and Vivek started a business together. In what proportion would the annual profit be distributed among them? I. Rahul got one-fourth of the profit. II. Rahul and Vivek contributed 75% of the total investment.
A, B and C enter into a partnership in the ratio : : . After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:
A and B entered into partnership with capitals in the ratio 4 : 5. After 3 months, A withdrew of his capital and B withdrew of his capital. The gain at the end of 10 months was Rs. 760. A's share in this profit is:
3 brothers divided 1620 among them in such a way that the share of second is equal to $$\frac{5}{{13}}$$of share of other two, combined. What is the share of the second one ?
A, B and C enter into a partnership, investing Rs. 6000. A invests Rs. 1000 and B and C in invests in the ratio of2 : 3. Find the profit of C, when the annual profit is Rs. 2400 ?
A and B started a business in partnership by investing in the ratio of 7 : 9.After 3 months A withdraw $$\frac{2}{3}$$ of its investment and after 4 months from the beginning B withdraw$$33\frac{1}{3}$$ % of its investment. If a total earned profit is Rs. 10201 at the end of 9 months, find the share of each in profit ?

Discussion

No Comment Found

Related MCQs

Reply to Comment