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Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a business. After 4 months of investing, Jatin invested Rs. 10000 more, while Jay withdrew Rs. 10000 from his investment. At the end of the year, what is the ratio of their profits?
  • a)
    1 ∶ 1
  • b)
    4 ∶ 3
  • c)
    11 ∶ 10
  • d)
    16 ∶ 13
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a busin...
Jay’s total investment = 80000 × 4 + 70000 × 8 = 320000 + 560000 = 880000
Jatin’s total investment = 60000 × 4 + 70000 × 8 = 240000 + 560000 = 800000
∵ Ratio of their profits = ratio of their total investment
∴ Ratio of their profits = 880000 ∶ 800000 = 11 ∶ 10
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Most Upvoted Answer
Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a busin...
Investment Details
- Jay's initial investment: Rs. 80,000
- Jatin's initial investment: Rs. 60,000
Changes After 4 Months
- After 4 months:
- Jatin invests an additional Rs. 10,000 (Total: Rs. 70,000)
- Jay withdraws Rs. 10,000 (Total: Rs. 70,000)
Time Period of Investments
- Jay's investment for the full year: 12 months
- Jatin's initial investment (Rs. 60,000) for 4 months: 4 months
- Jatin's new investment (Rs. 70,000) for the remaining 8 months: 8 months
Calculating Capital Contribution
- Jay's capital contribution:
- For 12 months: 80,000 * 12 = 960,000
- Jatin's capital contribution:
- For 4 months: 60,000 * 4 = 240,000
- For 8 months: 70,000 * 8 = 560,000
- Total: 240,000 + 560,000 = 800,000
Total Contributions
- Jay's total contribution: 960,000
- Jatin's total contribution: 800,000
Profit Ratio Calculation
- Total profit ratio:
- Jay: 960,000
- Jatin: 800,000
- Simplifying the ratio:
- Jay : Jatin = 960,000 : 800,000
- Dividing by 80,000 gives us 12 : 10
Final Ratio
- The ratio of their profits is 12 : 10, which simplifies to 6 : 5.
Thus, the correct answer is option 'C'.
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Community Answer
Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a busin...
Answer ( C ) 11:10
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Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a business. After 4 months of investing, Jatin invested Rs. 10000 more, while Jay withdrew Rs. 10000 from his investment. At the end of the year, what is the ratio of their profits?a)1 ∶ 1b)4 ∶ 3c)11 ∶ 10d)16 ∶ 13Correct answer is option 'C'. Can you explain this answer?
Question Description
Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a business. After 4 months of investing, Jatin invested Rs. 10000 more, while Jay withdrew Rs. 10000 from his investment. At the end of the year, what is the ratio of their profits?a)1 ∶ 1b)4 ∶ 3c)11 ∶ 10d)16 ∶ 13Correct answer is option 'C'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a business. After 4 months of investing, Jatin invested Rs. 10000 more, while Jay withdrew Rs. 10000 from his investment. At the end of the year, what is the ratio of their profits?a)1 ∶ 1b)4 ∶ 3c)11 ∶ 10d)16 ∶ 13Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Jay and Jatin invested Rs. 80000 and Rs. 60000 respectively in a business. After 4 months of investing, Jatin invested Rs. 10000 more, while Jay withdrew Rs. 10000 from his investment. At the end of the year, what is the ratio of their profits?a)1 ∶ 1b)4 ∶ 3c)11 ∶ 10d)16 ∶ 13Correct answer is option 'C'. Can you explain this answer?.
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