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Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?
- a)Rs. 9000
- b)Rs. 12000
- c)Rs. 15000
- d)Rs. 25000
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
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Nonad, Vikas and and Manav enter into a partnership. Ninad invest some...
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Nonad, Vikas and and Manav enter into a partnership. Ninad invest some...
Given Information:
- Ninad invested some amount at the beginning.
- Vikas invested double the amount after 6 months.
- Manav invested thrice the amount invested by Ninad after 8 months.
- They earned a profit of Rs. 45000 at the end of the year.
To find:
- Manav's share in the profit.
Solution:
1. Let's assume Ninad's initial investment as "x".
2. After 6 months, Vikas invested double the amount of Ninad's investment. So, Vikas invested 2x.
3. After 8 months, Manav invested three times the amount invested by Ninad. So, Manav invested 3x.
4. Total investment = Ninad's investment + Vikas's investment + Manav's investment = x + 2x + 3x = 6x.
5. Since the partnership lasted for 1 year, the ratio of their investments determines the share of profit.
6. Ninad's investment lasted for 12 months and his share of the profit would be 12x/6x * 45000 = Rs. 9000.
7. Vikas's investment lasted for 6 months and his share of the profit would be 6x/6x * 45000 = Rs. 9000.
8. Manav's investment lasted for 4 months and his share of the profit would be 4x/6x * 45000 = Rs. 30000.
9. Therefore, Manav's share in the profit is Rs. 30000.
Explanation:
- The solution is obtained by calculating the share of profit for each partner based on their respective investments.
- The investment amounts of each partner are determined by the given conditions.
- The total investment is calculated by summing up the individual investments.
- The share of profit for each partner is calculated by multiplying their investment duration with the total profit and dividing it by the total investment.
- Finally, Manav's share of the profit is determined to be Rs. 30000.
- Ninad invested some amount at the beginning.
- Vikas invested double the amount after 6 months.
- Manav invested thrice the amount invested by Ninad after 8 months.
- They earned a profit of Rs. 45000 at the end of the year.
To find:
- Manav's share in the profit.
Solution:
1. Let's assume Ninad's initial investment as "x".
2. After 6 months, Vikas invested double the amount of Ninad's investment. So, Vikas invested 2x.
3. After 8 months, Manav invested three times the amount invested by Ninad. So, Manav invested 3x.
4. Total investment = Ninad's investment + Vikas's investment + Manav's investment = x + 2x + 3x = 6x.
5. Since the partnership lasted for 1 year, the ratio of their investments determines the share of profit.
6. Ninad's investment lasted for 12 months and his share of the profit would be 12x/6x * 45000 = Rs. 9000.
7. Vikas's investment lasted for 6 months and his share of the profit would be 6x/6x * 45000 = Rs. 9000.
8. Manav's investment lasted for 4 months and his share of the profit would be 4x/6x * 45000 = Rs. 30000.
9. Therefore, Manav's share in the profit is Rs. 30000.
Explanation:
- The solution is obtained by calculating the share of profit for each partner based on their respective investments.
- The investment amounts of each partner are determined by the given conditions.
- The total investment is calculated by summing up the individual investments.
- The share of profit for each partner is calculated by multiplying their investment duration with the total profit and dividing it by the total investment.
- Finally, Manav's share of the profit is determined to be Rs. 30000.
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Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer?
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Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. 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 Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. 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 Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the amount after 6 months and Manav invests thrice the amount invested by Ninad after 8 months. They earn a profit of Rs. 45000 at the end of the year. What is Manav's share in the profit ?a)Rs. 9000b)Rs. 12000c)Rs. 15000d)Rs. 25000e)None of theseCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Quant tests.
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