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3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?
- a)Rs 20,000
- b)Rs 16,700
- c)Rs 17,050
- d)Rs 18,000
- e)Rs 18,500
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
3 partners started a business. A, B and C invested Rs 5000, Rs 6000 an...
D) Rs 18,000 Explanation: 5000*4 +10,000*4 + 11,000*4 : 6000*4 +12,000*4 + 13,000*4 : 7000*4
+14,000*4 + 15,000*4
26 : 31 : 36
So C gets = (36/93) * 46,500
+14,000*4 + 15,000*4
26 : 31 : 36
So C gets = (36/93) * 46,500
Most Upvoted Answer
3 partners started a business. A, B and C invested Rs 5000, Rs 6000 an...
To solve this problem, we need to calculate the profit of each partner based on their investments and the duration of their investments.
Let's break down the given information step by step:
1. Initial Investments:
- Partner A invested Rs 5000
- Partner B invested Rs 6000
- Partner C invested Rs 7000
2. After 4 months:
- All partners reinvested the same amount as before for another 4 months.
- This means that each partner invested the initial amount again after 4 months.
3. After 8 months:
- All partners invested an additional Rs 1000.
4. Total Investment per Partner:
- Partner A invested Rs 5000 + Rs 5000 + Rs 1000 = Rs 11,000
- Partner B invested Rs 6000 + Rs 6000 + Rs 1000 = Rs 13,000
- Partner C invested Rs 7000 + Rs 7000 + Rs 1000 = Rs 15,000
5. Total Duration of Investment:
- Each partner invested for a total of 12 months.
6. Calculating the Profit Share:
- The total profit made is Rs 46,500.
- To find the profit of each partner, we need to calculate their profit share based on their investment amount and the duration of their investment.
- Partner A's profit share: (Rs 11,000 / Rs 39,000) * Rs 46,500 = Rs 13,500
- Partner B's profit share: (Rs 13,000 / Rs 39,000) * Rs 46,500 = Rs 14,000
- Partner C's profit share: (Rs 15,000 / Rs 39,000) * Rs 46,500 = Rs 18,000
Therefore, the profit of partner C is Rs 18,000, which is option D.
Let's break down the given information step by step:
1. Initial Investments:
- Partner A invested Rs 5000
- Partner B invested Rs 6000
- Partner C invested Rs 7000
2. After 4 months:
- All partners reinvested the same amount as before for another 4 months.
- This means that each partner invested the initial amount again after 4 months.
3. After 8 months:
- All partners invested an additional Rs 1000.
4. Total Investment per Partner:
- Partner A invested Rs 5000 + Rs 5000 + Rs 1000 = Rs 11,000
- Partner B invested Rs 6000 + Rs 6000 + Rs 1000 = Rs 13,000
- Partner C invested Rs 7000 + Rs 7000 + Rs 1000 = Rs 15,000
5. Total Duration of Investment:
- Each partner invested for a total of 12 months.
6. Calculating the Profit Share:
- The total profit made is Rs 46,500.
- To find the profit of each partner, we need to calculate their profit share based on their investment amount and the duration of their investment.
- Partner A's profit share: (Rs 11,000 / Rs 39,000) * Rs 46,500 = Rs 13,500
- Partner B's profit share: (Rs 13,000 / Rs 39,000) * Rs 46,500 = Rs 14,000
- Partner C's profit share: (Rs 15,000 / Rs 39,000) * Rs 46,500 = Rs 18,000
Therefore, the profit of partner C is Rs 18,000, which is option D.
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Community Answer
3 partners started a business. A, B and C invested Rs 5000, Rs 6000 an...
D) Rs 18,000 Explanation: 5000*4 +10,000*4 + 11,000*4 : 6000*4 +12,000*4 + 13,000*4 : 7000*4
+14,000*4 + 15,000*4
26 : 31 : 36
So C gets = (36/93) * 46,500
+14,000*4 + 15,000*4
26 : 31 : 36
So C gets = (36/93) * 46,500
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3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer?
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3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. 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 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer?.
3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. 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 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer?.
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3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer?, a detailed solution for 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice 3 partners started a business. A, B and C invested Rs 5000, Rs 6000 and Rs 7000 respectively. After 4 months all invested the same amount as before for another 4 months. And then each of them invested Rs 1000 more. If after a year a total profit of Rs 46,500 is made, what is the profit of C?a)Rs 20,000b)Rs 16,700c)Rs 17,050d)Rs 18,000e)Rs 18,500Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice Quant tests.
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