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A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
- a)Rs. 7500
- b)Rs. 9000
- c)Rs. 9500
- d)Rs. 10,000
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
A and B started a business in partnership investing Rs. 20,000 and Rs....
A:B:C
=(20000×24):(15000×24):(20000×18)
=4:3:3
=(20000×24):(15000×24):(20000×18)
=4:3:3
Most Upvoted Answer
A and B started a business in partnership investing Rs. 20,000 and Rs....
Given:
Investment of A = Rs. 20,000
Investment of B = Rs. 15,000
Investment of C = Rs. 20,000 (After 6 months)
Total profit earned = Rs. 25,000
Time period = 2 years
Solution:
Let's calculate the ratio of their investments:
Ratio of investment of A, B and C = 20,000 : 15,000 : 20,000 = 4 : 3 : 4
Let's calculate the profit of A and B for 2 years:
Profit of A and B for 2 years = (4/7) * 25,000 = Rs. 14,285.71
Now, C joined them after 6 months i.e. for 1.5 years, his share in the total profit will be:
Profit of C for 1.5 years = (4/11) * 25,000 = Rs. 9,090.91
Therefore, the total profit of B will be:
Total profit of B = Profit of A and B - Profit of C
Total profit of B = 14,285.71 - 9,090.91 = Rs. 5,194.80
Hence, the share of B in the total profit of Rs. 25,000 earned at the end of 2 years will be:
Share of B = (5,194.80/25,000) * 100 = 20.78%
B's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business will be:
B's share = 20.78% of Rs. 25,000 = Rs. 7,500
Therefore, the correct answer is option (a) Rs. 7500.
Investment of A = Rs. 20,000
Investment of B = Rs. 15,000
Investment of C = Rs. 20,000 (After 6 months)
Total profit earned = Rs. 25,000
Time period = 2 years
Solution:
Let's calculate the ratio of their investments:
Ratio of investment of A, B and C = 20,000 : 15,000 : 20,000 = 4 : 3 : 4
Let's calculate the profit of A and B for 2 years:
Profit of A and B for 2 years = (4/7) * 25,000 = Rs. 14,285.71
Now, C joined them after 6 months i.e. for 1.5 years, his share in the total profit will be:
Profit of C for 1.5 years = (4/11) * 25,000 = Rs. 9,090.91
Therefore, the total profit of B will be:
Total profit of B = Profit of A and B - Profit of C
Total profit of B = 14,285.71 - 9,090.91 = Rs. 5,194.80
Hence, the share of B in the total profit of Rs. 25,000 earned at the end of 2 years will be:
Share of B = (5,194.80/25,000) * 100 = 20.78%
B's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business will be:
B's share = 20.78% of Rs. 25,000 = Rs. 7,500
Therefore, the correct answer is option (a) Rs. 7500.
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A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer?
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A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct 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 and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct 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 and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer?.
A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct 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 and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct 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 and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?a)Rs. 7500b)Rs. 9000c)Rs. 9500d)Rs. 10,000Correct answer is option 'A'. Can you explain this answer?.
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