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A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?
- a)Rs 30,000
- b)Rs 26,000
- c)Rs 25,600
- d)Rs 27,800
- e)Rs 25,000
Correct answer is option 'E'. Can you explain this answer?
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Verified Answer
A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and ...
E) Rs 25,000 Explanation: A’s share : B’s share 20,000*12 : 25,000*8
6 : 5
A got its salary as = [(25/3)/100] * 60,000 = 5000 Remaining profit = 60,000 – 5000 = 55,000 So B gets = 5/11 * 55000
6 : 5
A got its salary as = [(25/3)/100] * 60,000 = 5000 Remaining profit = 60,000 – 5000 = 55,000 So B gets = 5/11 * 55000
Most Upvoted Answer
A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and ...
Given information:
- A invested Rs 20,000 for 1 year.
- B invested Rs 25,000 for 1 year 8 months.
- A earned 25/3% profit out of a total profit of Rs 60,000.
- The profit was divided in the ratio of their investments.
To find: Share of B in the annual profit.
Calculation:
1. Let's first calculate the time for which A and B invested in terms of years.
- A invested for 1 year.
- B invested for 1 year 8 months = 1 + (8/12) years = 1.67 years.
2. Now, let's calculate the profit earned by A.
- A earned 25/3% profit out of the total profit of Rs 60,000.
- Profit earned by A = (25/3)% of Rs 60,000.
- Profit earned by A = (25/3) * (60,000/100).
- Profit earned by A = Rs 50,000.
3. Since the profit was divided in the ratio of their investments, we need to find the total investment.
- Total investment = A's investment + B's investment.
- Total investment = Rs 20,000 + Rs 25,000.
- Total investment = Rs 45,000.
4. Now, let's calculate the share of B in the annual profit.
- Share of B = (B's investment / Total investment) * Total profit.
- Share of B = (Rs 25,000 / Rs 45,000) * Rs 60,000.
- Share of B = (5/9) * Rs 60,000.
- Share of B = Rs 33,333.33 (rounded to the nearest rupee).
Since we need to find the share of B in the annual profit, we need to calculate B's share for 1 year.
- B's share for 1 year = (Share of B / Total time of investment) * Time for 1 year.
- B's share for 1 year = (Rs 33,333.33 / 1.67) * 1.
- B's share for 1 year = Rs 20,000.
Therefore, the share of B in the annual profit is Rs 20,000.
- A invested Rs 20,000 for 1 year.
- B invested Rs 25,000 for 1 year 8 months.
- A earned 25/3% profit out of a total profit of Rs 60,000.
- The profit was divided in the ratio of their investments.
To find: Share of B in the annual profit.
Calculation:
1. Let's first calculate the time for which A and B invested in terms of years.
- A invested for 1 year.
- B invested for 1 year 8 months = 1 + (8/12) years = 1.67 years.
2. Now, let's calculate the profit earned by A.
- A earned 25/3% profit out of the total profit of Rs 60,000.
- Profit earned by A = (25/3)% of Rs 60,000.
- Profit earned by A = (25/3) * (60,000/100).
- Profit earned by A = Rs 50,000.
3. Since the profit was divided in the ratio of their investments, we need to find the total investment.
- Total investment = A's investment + B's investment.
- Total investment = Rs 20,000 + Rs 25,000.
- Total investment = Rs 45,000.
4. Now, let's calculate the share of B in the annual profit.
- Share of B = (B's investment / Total investment) * Total profit.
- Share of B = (Rs 25,000 / Rs 45,000) * Rs 60,000.
- Share of B = (5/9) * Rs 60,000.
- Share of B = Rs 33,333.33 (rounded to the nearest rupee).
Since we need to find the share of B in the annual profit, we need to calculate B's share for 1 year.
- B's share for 1 year = (Share of B / Total time of investment) * Time for 1 year.
- B's share for 1 year = (Rs 33,333.33 / 1.67) * 1.
- B's share for 1 year = Rs 20,000.
Therefore, the share of B in the annual profit is Rs 20,000.
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A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. Can you explain this answer?
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A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. 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 invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. 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 invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. Can you explain this answer?.
A and B invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. 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 invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. 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 invested Rs 20,000 and Rs 25,000 in a business for 1 year and 8 months respectively. A being a working partner earned 25/3% profit out of a total profit of Rs 60,000 and after this the profit was divided in the ratio of their investments. What is the share of B in the annual profit?a)Rs 30,000b)Rs 26,000c)Rs 25,600d)Rs 27,800e)Rs 25,000Correct answer is option 'E'. Can you explain this answer?.
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