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A and B started a business by investing Rs. 18,000 and 24,000 respectively. At the end of the 4th month from the start of the business, C joins with Rs. 15,000. At the end of 8th month, B quits and C invests Rs. 3000 more. At the end of 10th month, B rejoins with the same investment. If profit at the end of the year is Rs. 12,005, what is B’s share in the profit?
  • a)
    Rs. 4,000
  • b)
    Rs. 4,440
  • c)
    Rs. 4,360 
  • d)
    Rs. 4,900
  • e)
    Rs. 3,920 
Correct answer is option 'D'. Can you explain this answer?
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A and B started a business by investing Rs. 18,000 and 24,000 respecti...
's share in the profit?

Let's first calculate the total investment made by A, B, and C:

Total investment = 18,000 + 24,000 + 15,000 = Rs. 57,000

Now, let's calculate the share of A and B in the profit till the end of the 8th month:

A's share = (18,000/57,000) * (8/12) * 12,005 = Rs. 2,535
B's share = (24,000/57,000) * (8/12) * 12,005 = Rs. 3,380

After B quits, C invests Rs. 3,000 more, so the total investment becomes:

Total investment = 18,000 + 15,000 + 27,000 = Rs. 60,000

Now, let's calculate the share of A and C in the profit from the 8th to the 10th month:

A's share = (18,000/60,000) * (2/12) * 12,005 = Rs. 601
C's share = (15,000/60,000) * (2/12) * 12,005 = Rs. 501

After B rejoins, the total investment becomes:

Total investment = 18,000 + 24,000 + 27,000 = Rs. 69,000

Now, let's calculate the share of A, B, and C in the profit from the 10th month till the end of the year:

A's share = (18,000/69,000) * (2/12) * 12,005 = Rs. 401
B's share = (24,000/69,000) * (2/12) * 12,005 = Rs. 534
C's share = (27,000/69,000) * (2/12) * 12,005 = Rs. 670

Therefore, B's total share in the profit = 3,380 + 534 = Rs. 3,914.
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A and B started a business by investing Rs. 18,000 and 24,000 respectively. At the end of the 4th month from the start of the business, C joins with Rs. 15,000. At the end of 8th month, B quits and C invests Rs. 3000 more. At the end of 10th month, B rejoins with the same investment. If profit at the end of the year is Rs. 12,005, what is B’s share in the profit?a)Rs. 4,000b)Rs. 4,440c)Rs. 4,360d)Rs. 4,900e)Rs. 3,920Correct answer is option 'D'. Can you explain this answer?
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A and B started a business by investing Rs. 18,000 and 24,000 respectively. At the end of the 4th month from the start of the business, C joins with Rs. 15,000. At the end of 8th month, B quits and C invests Rs. 3000 more. At the end of 10th month, B rejoins with the same investment. If profit at the end of the year is Rs. 12,005, what is B’s share in the profit?a)Rs. 4,000b)Rs. 4,440c)Rs. 4,360d)Rs. 4,900e)Rs. 3,920Correct 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 A and B started a business by investing Rs. 18,000 and 24,000 respectively. At the end of the 4th month from the start of the business, C joins with Rs. 15,000. At the end of 8th month, B quits and C invests Rs. 3000 more. At the end of 10th month, B rejoins with the same investment. If profit at the end of the year is Rs. 12,005, what is B’s share in the profit?a)Rs. 4,000b)Rs. 4,440c)Rs. 4,360d)Rs. 4,900e)Rs. 3,920Correct 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 A and B started a business by investing Rs. 18,000 and 24,000 respectively. At the end of the 4th month from the start of the business, C joins with Rs. 15,000. At the end of 8th month, B quits and C invests Rs. 3000 more. At the end of 10th month, B rejoins with the same investment. If profit at the end of the year is Rs. 12,005, what is B’s share in the profit?a)Rs. 4,000b)Rs. 4,440c)Rs. 4,360d)Rs. 4,900e)Rs. 3,920Correct answer is option 'D'. Can you explain this answer?.
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