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A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.
- a)12 : 13
- b)11 : 15
- c)15 : 16
- d)11 : 14
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A and B entered into a partnership, with an investment of Rs. 10000 an...
A's total investment = (10000 × 12) = 120000
B's total investment = (12000 × 8 + 8000 × 4) = 128000
Ratio = 120000 : 128000 = 15 : 16
B's total investment = (12000 × 8 + 8000 × 4) = 128000
Ratio = 120000 : 128000 = 15 : 16
Most Upvoted Answer
A and B entered into a partnership, with an investment of Rs. 10000 an...
Given:
A's investment = Rs. 10000
B's investment = Rs. 12000
B withdraws Rs. 4000 after 8 months
To find:
Ratio of their profits at the end of the year
Solution:
The ratio of their profits will be based on the ratio of their investments and the time period for which they invested their capital.
Let's calculate the profits of A and B individually.
Profit of A:
A invested Rs. 10000 for the entire year, so the profit of A will be for the entire year.
Profit of B:
B invested Rs. 12000 for the first 8 months, and then withdrew Rs. 4000. So effectively, B invested Rs. (12000 - 4000) = Rs. 8000 for the remaining 4 months. Therefore, the profit of B will be for 8 months + 4 months.
Calculation:
Let's calculate the ratio of their profits.
Profit of A = A's investment * Time = 10000 * 12 months = Rs. 120000
Profit of B = (B's investment for 8 months * Time) + (B's investment for 4 months * Time) = (12000 * 8/12) + (8000 * 4/12) = Rs. 8000 + Rs. 2666.67 = Rs. 10666.67
Ratio of their profits = Profit of A : Profit of B = 120000 : 10666.67
To simplify the ratio, we can divide both values by 666.67.
Ratio of their profits = 180 : 16 ≈ 15 : 1
Therefore, the ratio of their profits at the end of the year is 15 : 1, which is equivalent to option C) 15 : 16.
A's investment = Rs. 10000
B's investment = Rs. 12000
B withdraws Rs. 4000 after 8 months
To find:
Ratio of their profits at the end of the year
Solution:
The ratio of their profits will be based on the ratio of their investments and the time period for which they invested their capital.
Let's calculate the profits of A and B individually.
Profit of A:
A invested Rs. 10000 for the entire year, so the profit of A will be for the entire year.
Profit of B:
B invested Rs. 12000 for the first 8 months, and then withdrew Rs. 4000. So effectively, B invested Rs. (12000 - 4000) = Rs. 8000 for the remaining 4 months. Therefore, the profit of B will be for 8 months + 4 months.
Calculation:
Let's calculate the ratio of their profits.
Profit of A = A's investment * Time = 10000 * 12 months = Rs. 120000
Profit of B = (B's investment for 8 months * Time) + (B's investment for 4 months * Time) = (12000 * 8/12) + (8000 * 4/12) = Rs. 8000 + Rs. 2666.67 = Rs. 10666.67
Ratio of their profits = Profit of A : Profit of B = 120000 : 10666.67
To simplify the ratio, we can divide both values by 666.67.
Ratio of their profits = 180 : 16 ≈ 15 : 1
Therefore, the ratio of their profits at the end of the year is 15 : 1, which is equivalent to option C) 15 : 16.
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A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer?
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A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer?.
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A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A and B entered into a partnership, with an investment of Rs. 10000 and Rs. 12000 respectively. B after 8 months withdraw Rs. 4000, find the ratio of there profits at the end of the year.a)12 : 13b)11 : 15c)15 : 16d)11 : 14Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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