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Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?
  • a)
    Rs 7000
  • b)
    Rs 6000
  • c)
    Rs 5000
  • d)
    Rs 4000
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Yogesh started a business investing Rs. 45000. After 3 months, Pranab ...
Just take care of the months of investment, rest all will be simple.
Yogesh : Pranab : Atul
= 45000 × 12 : 60000 × 9 : 90000 × 3
= 2 : 2 : 1
Atul's share
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Most Upvoted Answer
Yogesh started a business investing Rs. 45000. After 3 months, Pranab ...
Given:
Yogesh's capital = Rs. 45000 (Invested for the entire year)
Pranab's capital = Rs. 60000 (Invested for 9 months)
Atul's capital = Rs. 90000 (Invested for 6 months)
Total profit = Rs. 20000

To find: Atul's share in the profit

Calculating the ratio of their investments:
Yogesh's investment = Rs. 45000 * 12 = Rs. 540000
Pranab's investment = Rs. 60000 * 9 = Rs. 540000
Atul's investment = Rs. 90000 * 6 = Rs. 540000

The ratio of their investments = 540000:540000:540000 = 1:1:1

Calculating the share of each person:
Total profit = Rs. 20000
Share of each person = Total profit * (Investment ratio / Sum of investment ratios)

Share of Atul = 20000 * (1 / 3) = Rs. 6666.67

As the profit is in rupees, we round off the share of Atul to the nearest rupee.

Therefore, Atul's share in the profit is Rs. 6667.

Hence, the correct option is D) Rs. 4000.
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Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?a)Rs 7000b)Rs 6000c)Rs 5000d)Rs 4000Correct answer is option 'D'. Can you explain this answer?
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Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?a)Rs 7000b)Rs 6000c)Rs 5000d)Rs 4000Correct answer is option 'D'. 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 Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?a)Rs 7000b)Rs 6000c)Rs 5000d)Rs 4000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Yogesh started a business investing Rs. 45000. After 3 months, Pranab joined him with a capital of Rs. 60000. After another 6 months, Atul joined them with a capital of Rs. 90000. At the end of the year, they made a profit of Rs. 20000. What would be Atuls share in it?a)Rs 7000b)Rs 6000c)Rs 5000d)Rs 4000Correct answer is option 'D'. Can you explain this answer?.
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