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A starts a business by investing Rs. 28000. After 2 months, B joins with Rs. 20000 and after another 2 months C joins with Rs. 18000. At the end of 10 months from the start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000, in what ratio should the profit be distributed among A, B and C at the end of the year ?
  • a)
    12 : 7 : 5
  • b)
    12 : 9 : 5
  • c)
    12 : 6 : 3
  • d)
    14 : 7 : 5
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
A starts a business by investing Rs. 28000. After 2 months, B joins wi...
A invests money for 12 months
B invests money for 10 months
C invests money for 8 months
Ratio of profit of A to B to C
= 28000 × 12:20000 × 8 + 18000 × 2 : 18000 × 6 + 16000 × 2
= 28 × 12 × 1000 : (160 + 36) × 1000 : (108 + 32) × 1000
= 28 × 12 : 160 + 36 : 108 + 32
= 336 : 196 : 140
= 12 : 7 : 5
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Most Upvoted Answer
A starts a business by investing Rs. 28000. After 2 months, B joins wi...
Given:
A invests Rs. 28000
B invests Rs. 20000 after 2 months
C invests Rs. 18000 after 4 months
B withdraws Rs. 2000
C withdraws Rs. 2000
Total time period of investment = 12 months

To solve this question, we need to calculate the ratio of profit distribution among A, B, and C. Let's first calculate the total profit earned by the business.

Total investment = 28000 * 12 + 20000 * 10 + 18000 * 8 = Rs. 6,56,000
Total profit = Total investment - Total withdrawals = 6,56,000 - 2000 - 2000 = Rs. 6,52,000

Now, let's calculate the profit earned by each individual.

Profit earned by A = (28000/ 68000) * 652000 = Rs. 2,70,000
Profit earned by B = (20000/ 68000) * 652000 = Rs. 1,90,000
Profit earned by C = (18000/ 68000) * 652000 = Rs. 1,72,000

Finally, let's calculate the ratio in which the profit should be distributed among A, B, and C.

Ratio of profit distribution = Profit earned by A : Profit earned by B : Profit earned by C
= 270000 : (190000 - 2000) : (172000 - 2000)
= 270000 : 188000 : 170000
= 12 : 7 : 5

Thus, the correct answer is option A) 12 : 7 : 5.
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A starts a business by investing Rs. 28000. After 2 months, B joins with Rs. 20000 and after another 2 months C joins with Rs. 18000. At the end of 10 months from the start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000, in what ratio should the profit be distributed among A, B and C at the end of the year ?a)12 : 7 : 5b)12 : 9 : 5c)12 : 6 : 3d)14 : 7 : 5Correct answer is option 'A'. Can you explain this answer?
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A starts a business by investing Rs. 28000. After 2 months, B joins with Rs. 20000 and after another 2 months C joins with Rs. 18000. At the end of 10 months from the start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000, in what ratio should the profit be distributed among A, B and C at the end of the year ?a)12 : 7 : 5b)12 : 9 : 5c)12 : 6 : 3d)14 : 7 : 5Correct answer is option 'A'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about A starts a business by investing Rs. 28000. After 2 months, B joins with Rs. 20000 and after another 2 months C joins with Rs. 18000. At the end of 10 months from the start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000, in what ratio should the profit be distributed among A, B and C at the end of the year ?a)12 : 7 : 5b)12 : 9 : 5c)12 : 6 : 3d)14 : 7 : 5Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A starts a business by investing Rs. 28000. After 2 months, B joins with Rs. 20000 and after another 2 months C joins with Rs. 18000. At the end of 10 months from the start of the business, if B withdraws Rs. 2000 and C withdraws Rs. 2000, in what ratio should the profit be distributed among A, B and C at the end of the year ?a)12 : 7 : 5b)12 : 9 : 5c)12 : 6 : 3d)14 : 7 : 5Correct answer is option 'A'. Can you explain this answer?.
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