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Prakash, Sachin and Anil started a business jointly investing Rs. 11 lakh, Rs. 16.5 lakh and Rs.8.25 lakh respectively. The profit earned by them in the business at the end of 3 years was Rs. 5 lakh. What will be 50% of Anil's share in the profit ?
  • a)
    Rs. 2.25 lakh
  • b)
    Rs. 2.50 lakh
  • c)
    Rs. 3.75 lakh
  • d)
    Rs. 4.50 lakh
  • e)
    None of these
Correct answer is option 'A'. Can you explain this answer?
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Given Information:
- Prakash, Sachin, and Anil invested Rs. 11 lakh, Rs. 16.5 lakh, and Rs. 8.25 lakh respectively in a business.
- The profit earned by them in the business at the end of 3 years was Rs. 5 lakh.

To Find:
50% of Anil's share in the profit.

Solution:
To solve this problem, we can use the concept of ratio and proportion.

Step 1: Calculate the total investment made by all three partners.
Total investment = Prakash's investment + Sachin's investment + Anil's investment
Total investment = Rs. 11 lakh + Rs. 16.5 lakh + Rs. 8.25 lakh
Total investment = Rs. 35.75 lakh

Step 2: Calculate the ratio of each partner's investment.
Prakash's ratio = Prakash's investment / Total investment
Prakash's ratio = Rs. 11 lakh / Rs. 35.75 lakh
Prakash's ratio = 11/35.75

Sachin's ratio = Sachin's investment / Total investment
Sachin's ratio = Rs. 16.5 lakh / Rs. 35.75 lakh
Sachin's ratio = 16.5/35.75

Anil's ratio = Anil's investment / Total investment
Anil's ratio = Rs. 8.25 lakh / Rs. 35.75 lakh
Anil's ratio = 8.25/35.75

Step 3: Calculate the profit share of each partner.
Prakash's share = Prakash's ratio * Total profit
Prakash's share = (11/35.75) * Rs. 5 lakh

Sachin's share = Sachin's ratio * Total profit
Sachin's share = (16.5/35.75) * Rs. 5 lakh

Anil's share = Anil's ratio * Total profit
Anil's share = (8.25/35.75) * Rs. 5 lakh

Step 4: Calculate 50% of Anil's share.
50% of Anil's share = (50/100) * Anil's share

Final Answer:
50% of Anil's share in the profit = (50/100) * Anil's share = (50/100) * (8.25/35.75) * Rs. 5 lakh = Rs. 2.25 lakh

Therefore, the answer is option 'A' Rs. 2.25 lakh.
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Prakash, Sachin and Anil started a business jointly investing Rs. 11 lakh, Rs. 16.5 lakh and Rs.8.25 lakh respectively. The profit earned by them in the business at the end of 3 years was Rs. 5 lakh. What will be 50% of Anil's share in the profit ?a)Rs. 2.25 lakhb)Rs. 2.50 lakhc)Rs. 3.75 lakhd)Rs. 4.50 lakhe)None of theseCorrect answer is option 'A'. Can you explain this answer?
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Prakash, Sachin and Anil started a business jointly investing Rs. 11 lakh, Rs. 16.5 lakh and Rs.8.25 lakh respectively. The profit earned by them in the business at the end of 3 years was Rs. 5 lakh. What will be 50% of Anil's share in the profit ?a)Rs. 2.25 lakhb)Rs. 2.50 lakhc)Rs. 3.75 lakhd)Rs. 4.50 lakhe)None of theseCorrect 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 Prakash, Sachin and Anil started a business jointly investing Rs. 11 lakh, Rs. 16.5 lakh and Rs.8.25 lakh respectively. The profit earned by them in the business at the end of 3 years was Rs. 5 lakh. What will be 50% of Anil's share in the profit ?a)Rs. 2.25 lakhb)Rs. 2.50 lakhc)Rs. 3.75 lakhd)Rs. 4.50 lakhe)None of theseCorrect 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 Prakash, Sachin and Anil started a business jointly investing Rs. 11 lakh, Rs. 16.5 lakh and Rs.8.25 lakh respectively. The profit earned by them in the business at the end of 3 years was Rs. 5 lakh. What will be 50% of Anil's share in the profit ?a)Rs. 2.25 lakhb)Rs. 2.50 lakhc)Rs. 3.75 lakhd)Rs. 4.50 lakhe)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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