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shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?
- a)Rs Rs. 250,000.
- b)Rs Rs. 120,000.
- c)Rs Rs. 100,000.
- d)Rs Rs. 150,000.
- e)None of these
Correct answer is option 'C'. Can you explain this answer?
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shikha started a business investing Rs. 50,000 in 1999, In 2000, she i...
Answer – C (Rs. 100,000) Explanation – Shikha : Raju : Jolly = (50000 x 12 + 70000 x 12 + 90000 x 12) : (70000 x 24) : (70000 x 12) = 2520000 : 1680000 : 840000 = 3 : 2 : 1
Raju’s share = Rs.300,000 x 2/6 = Rs. 100,000.
Raju’s share = Rs.300,000 x 2/6 = Rs. 100,000.
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shikha started a business investing Rs. 50,000 in 1999, In 2000, she i...
's profit if at the end of 3 years, the profit is Rs. 1,20,000?
To calculate the profit share, we need to determine the total investment made by each individual.
In 1999, Shikha invested Rs. 50,000.
In 2000, Shikha invested an additional Rs. 20,000, bringing her total investment to Rs. 70,000.
In 2000, Raju joined with an investment of Rs. 70,000.
In 2001, Shikha invested an additional Rs. 20,000, bringing her total investment to Rs. 90,000.
In 2001, Jolly joined with an investment of Rs. 70,000.
Therefore, the total investment made by Raju is Rs. 70,000.
To calculate the profit share, we need to determine the ratio of each individual's investment to the total investment.
The ratio of Shikha's investment to the total investment is 90,000 / (90,000 + 70,000) = 9/16.
The ratio of Raju's investment to the total investment is 70,000 / (90,000 + 70,000) = 7/16.
The ratio of Jolly's investment to the total investment is 70,000 / (90,000 + 70,000) = 7/16.
To calculate Raju's profit share, we multiply his investment ratio by the total profit.
Raju's profit share = (7/16) * 1,20,000 = Rs. 52,500.
Therefore, Raju's profit share will be Rs. 52,500.
To calculate the profit share, we need to determine the total investment made by each individual.
In 1999, Shikha invested Rs. 50,000.
In 2000, Shikha invested an additional Rs. 20,000, bringing her total investment to Rs. 70,000.
In 2000, Raju joined with an investment of Rs. 70,000.
In 2001, Shikha invested an additional Rs. 20,000, bringing her total investment to Rs. 90,000.
In 2001, Jolly joined with an investment of Rs. 70,000.
Therefore, the total investment made by Raju is Rs. 70,000.
To calculate the profit share, we need to determine the ratio of each individual's investment to the total investment.
The ratio of Shikha's investment to the total investment is 90,000 / (90,000 + 70,000) = 9/16.
The ratio of Raju's investment to the total investment is 70,000 / (90,000 + 70,000) = 7/16.
The ratio of Jolly's investment to the total investment is 70,000 / (90,000 + 70,000) = 7/16.
To calculate Raju's profit share, we multiply his investment ratio by the total profit.
Raju's profit share = (7/16) * 1,20,000 = Rs. 52,500.
Therefore, Raju's profit share will be Rs. 52,500.
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shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer?
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shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. 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 shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. 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 shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?a)Rs Rs. 250,000.b)Rs Rs. 120,000.c)Rs Rs. 100,000.d)Rs Rs. 150,000.e)None of theseCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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