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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)Rs. 3739.50
- b)Rs. 3937.50
- c)Rs. 3749.50
- d)Rs. 3947.50
Correct answer is option 'B'. Can you explain this answer?
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Two partners invest Rs. 125000 and Rs. 85000 respectively in a busines...
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Two partners invest Rs. 125000 and Rs. 85000 respectively in a busines...
Let's assume the total profit made in the business is 'P'.
Given:
Partner A invests Rs. 125000
Partner B invests Rs. 85000
Profit distribution:
60% of the profit is divided equally between the partners.
Remaining profit is divided in the ratio of their capitals.
Let's calculate the profit distribution step by step.
Profit divided equally:
60% of P is divided equally between the partners, so each partner gets (60/100) * P * (1/2) = 3P/10.
Profit divided in the ratio of their capitals:
The remaining profit (40% of P) is divided in the ratio of their capitals, i.e.,
Partner A gets (40/100) * P * (125000 / (125000 + 85000)) = 8P/27
Partner B gets (40/100) * P * (85000 / (125000 + 85000)) = 32P/135
Given that one partner gets Rs. 300 more than the other:
3P/10 - 8P/27 = 300
To solve this equation, we can simplify it by finding a common denominator, which is 270. Multiplying each term by 270, we get:
81P - 80P = 300 * 270
P = 81000
Therefore, the total profit made in the business is Rs. 81000.
Hence, the correct answer is option 'B' - Rs. 3937.50.
Given:
Partner A invests Rs. 125000
Partner B invests Rs. 85000
Profit distribution:
60% of the profit is divided equally between the partners.
Remaining profit is divided in the ratio of their capitals.
Let's calculate the profit distribution step by step.
Profit divided equally:
60% of P is divided equally between the partners, so each partner gets (60/100) * P * (1/2) = 3P/10.
Profit divided in the ratio of their capitals:
The remaining profit (40% of P) is divided in the ratio of their capitals, i.e.,
Partner A gets (40/100) * P * (125000 / (125000 + 85000)) = 8P/27
Partner B gets (40/100) * P * (85000 / (125000 + 85000)) = 32P/135
Given that one partner gets Rs. 300 more than the other:
3P/10 - 8P/27 = 300
To solve this equation, we can simplify it by finding a common denominator, which is 270. Multiplying each term by 270, we get:
81P - 80P = 300 * 270
P = 81000
Therefore, the total profit made in the business is Rs. 81000.
Hence, the correct answer is option 'B' - Rs. 3937.50.
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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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer?
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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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. 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 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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer?.
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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. 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 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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer?.
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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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer?, a detailed solution for 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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of 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)Rs. 3739.50b)Rs. 3937.50c)Rs. 3749.50d)Rs. 3947.50Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
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