Quant Exam > Quant Questions > A and B started a business in partnership inv...
Start Learning for Free
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?
| FREE This question is part of | Download PDF Attempt this Test |
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.
|
Explore Courses for Quant exam
|
|
Similar Quant Doubts
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?
Question Description
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?.
Solutions 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? in English & in Hindi are available as part of our courses for Quant.
Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of 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? defined & explained in the simplest way possible. Besides giving the explanation of
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 detailed solution 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? has been provided alongside types of 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? theory, EduRev gives you an
ample number of questions to practice 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? tests, examples and also practice Quant tests.
|
|
Explore Courses for Quant exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup