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A, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 40,000, A receives :
- a)Rs.20000
- b)Rs.18000
- c)Rs.16000
- d)Rs.14000
Correct answer is option 'B'. Can you explain this answer?
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Verified Answer
A, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more...
Answer – B)Rs.18000 Solution: Let C = x then B = x + 5000 and A = x + 5000 + 8000 = x + 13000. x + x + 5000 + x + 13000 = 60000 <=> 3x = 42000 , x = 14000.
A : B : C = 27000 : 19000 : 14000 = 27 : 19 : 14
A’s share = Rs. (40000 * 27/60 ) = Rs.18,000
A : B : C = 27000 : 19000 : 14000 = 27 : 19 : 14
A’s share = Rs. (40000 * 27/60 ) = Rs.18,000
Most Upvoted Answer
A, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more...
Given information:
- A, B, C subscribe Rs. 60,000 for a business.
- A subscribes Rs. 8,000 more than B.
- B subscribes Rs. 5,000 more than C.
- Total profit is Rs. 40,000.
Calculating individual investments:
Let's assume C's investment is x.
- Therefore, B's investment is x + 5000.
- A's investment is (x + 5000) + 8000 = x + 13,000.
Given that the total investment is Rs. 60,000, we can write the equation as:
x + (x + 5000) + (x + 13000) = 60000
3x + 18000 = 60000
3x = 42000
x = 14000
Therefore, C invested Rs. 14,000, B invested Rs. 19,000 (14000 + 5000), and A invested Rs. 27,000 (14000 + 13000).
Calculating profit share:
Now, we need to find the profit share of each partner based on their investments.
- A's share = (27000/60000) * 40000 = Rs. 18,000
- B's share = (19000/60000) * 40000 = Rs. 12,666.67
- C's share = (14000/60000) * 40000 = Rs. 9333.33
Therefore, A receives Rs. 18,000 out of the total profit of Rs. 40,000.
Therefore, the correct answer is option B) Rs. 18,000.
- A, B, C subscribe Rs. 60,000 for a business.
- A subscribes Rs. 8,000 more than B.
- B subscribes Rs. 5,000 more than C.
- Total profit is Rs. 40,000.
Calculating individual investments:
Let's assume C's investment is x.
- Therefore, B's investment is x + 5000.
- A's investment is (x + 5000) + 8000 = x + 13,000.
Given that the total investment is Rs. 60,000, we can write the equation as:
x + (x + 5000) + (x + 13000) = 60000
3x + 18000 = 60000
3x = 42000
x = 14000
Therefore, C invested Rs. 14,000, B invested Rs. 19,000 (14000 + 5000), and A invested Rs. 27,000 (14000 + 13000).
Calculating profit share:
Now, we need to find the profit share of each partner based on their investments.
- A's share = (27000/60000) * 40000 = Rs. 18,000
- B's share = (19000/60000) * 40000 = Rs. 12,666.67
- C's share = (14000/60000) * 40000 = Rs. 9333.33
Therefore, A receives Rs. 18,000 out of the total profit of Rs. 40,000.
Therefore, the correct answer is option B) Rs. 18,000.
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A, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 40,000, A receives :a)Rs.20000b)Rs.18000c)Rs.16000d)Rs.14000Correct answer is option 'B'. Can you explain this answer?
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A, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 40,000, A receives :a)Rs.20000b)Rs.18000c)Rs.16000d)Rs.14000Correct answer is option 'B'. 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, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 40,000, A receives :a)Rs.20000b)Rs.18000c)Rs.16000d)Rs.14000Correct answer is option 'B'. 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, B, C subscribe Rs. 60,000 for a business, A subscribes Rs.8000 more than B and B Rs. 5000 more thanC. Out of a total profit of Rs. 40,000, A receives :a)Rs.20000b)Rs.18000c)Rs.16000d)Rs.14000Correct answer is option 'B'. Can you explain this answer?.
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