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A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?
- a)Rs 9,500
- b)Rs 11,500
- c)Rs 10,800
- d)Rs 10,000
- e)Rs 12,800
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A, B and C start a business and their investments are in the ratio 4 :...
C) Rs 10,800 Explanation: After a year C gets salary = 500*6 = Rs 3,000 [Since C was for 6 months in the business with each month earning 500] So 10% of total profit after a year = 3,000 Total profit = Rs 30,000 A invested for 12 months, B for 12, and C for 6 months Ratio of profit shares = 4*12 : 3*12 : 6*6 = 4 : 3 : 3
Profit left after deducting salary of C = 30,000 – 3,000 = 27,000 So share of A = [4/(4+3+3)] * 27,000
Profit left after deducting salary of C = 30,000 – 3,000 = 27,000 So share of A = [4/(4+3+3)] * 27,000
Most Upvoted Answer
A, B and C start a business and their investments are in the ratio 4 :...
A : B : C = 4 : 3 : 6 ;
Profit = Investment × Time period ;
A : B : C = 4 : 3 : 6 × 12 : 12 : 6 ;
A : B : C = 48 : 36 :36 ;
A : B : C = 4 : 3 : 3 ;
C total salary is 10% of of the annual profit a year .
i.e., 6 months × 500/month = 3,000 ;
3,000 = 10% ; 100% = 30,000 ;
Therefore,Annual Profit = 30,000 ;
Reduce the C's profit from the Annual profit ,
i.e., = 30,000 - 3,000 = 27,000 ;
A's salary = 4/10 × 27,000 = 10,800 ;
Profit = Investment × Time period ;
A : B : C = 4 : 3 : 6 × 12 : 12 : 6 ;
A : B : C = 48 : 36 :36 ;
A : B : C = 4 : 3 : 3 ;
C total salary is 10% of of the annual profit a year .
i.e., 6 months × 500/month = 3,000 ;
3,000 = 10% ; 100% = 30,000 ;
Therefore,Annual Profit = 30,000 ;
Reduce the C's profit from the Annual profit ,
i.e., = 30,000 - 3,000 = 27,000 ;
A's salary = 4/10 × 27,000 = 10,800 ;
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A, B and C start a business and their investments are in the ratio 4 :...
Invested for 6 months and A and B invested for the whole year. If at the end of the year, they earn a profit of Rs 60,000, then find the share of each person in the profit.
Let the total investment be 4x + 3x + 6x = 13x
A's investment = 4x, B's investment = 3x, C's investment = 6x
Let the profit be divided into 12 parts (for 12 months)
A and B get 12 parts each for the whole year
C gets 6 parts for the 6 months he invested + 6 parts for his salary = 12 parts
So, the profit sharing ratio of A, B and C = 12:12:12 = 1:1:1
A's share = 1/3 * 60000 = Rs 20,000
B's share = 1/3 * 60000 = Rs 20,000
C's share = 1/3 * 60000 = Rs 20,000 + 6 * Rs 500 = Rs 23,000
Therefore, A's share is Rs 20,000, B's share is Rs 20,000 and C's share is Rs 23,000.
Let the total investment be 4x + 3x + 6x = 13x
A's investment = 4x, B's investment = 3x, C's investment = 6x
Let the profit be divided into 12 parts (for 12 months)
A and B get 12 parts each for the whole year
C gets 6 parts for the 6 months he invested + 6 parts for his salary = 12 parts
So, the profit sharing ratio of A, B and C = 12:12:12 = 1:1:1
A's share = 1/3 * 60000 = Rs 20,000
B's share = 1/3 * 60000 = Rs 20,000
C's share = 1/3 * 60000 = Rs 20,000 + 6 * Rs 500 = Rs 23,000
Therefore, A's share is Rs 20,000, B's share is Rs 20,000 and C's share is Rs 23,000.
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A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct answer is option 'C'. Can you explain this answer?
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A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct 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 A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct 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 A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct answer is option 'C'. Can you explain this answer?.
A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct 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 A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct 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 A, B and C start a business and their investments are in the ratio 4 : 3 : 6. Both A and B starts the business and C joins them after 6 months. It was decided that C will get a monthly salary of Rs 500 from the annual profits. C’s total salary came out to be 10% of the annual profit after a year. What is the share of A in the total profits?a)Rs 9,500b)Rs 11,500c)Rs 10,800d)Rs 10,000e)Rs 12,800Correct answer is option 'C'. Can you explain this answer?.
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