Quant Exam > Quant Questions > A and B entered into a partnership, investing...
Start Learning for Free
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?
- a)Rs.8120
- b)Rs.9600
- c)Rs.8500
- d)Rs.7800
- e)None of these
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 ...
Most Upvoted Answer
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 ...
A withdrew Rs. 6000 and B withdrew Rs. 4500. If they gain a profit of Rs. 9600 at the end of the year, what will be A's share in it?
Let the total profit be divided into two parts: A's share and B's share.
Total investment = Rs. 18000 + Rs. 15000 = Rs. 33000
A's investment for the full year = Rs. 18000
B's investment for the full year = Rs. 15000
A's investment for 4 months = Rs. 18000
B's investment for 4 months = Rs. 15000
A's investment remaining for 8 months = Rs. 18000 - Rs. 6000 = Rs. 12000
B's investment remaining for 8 months = Rs. 15000 - Rs. 4500 = Rs. 10500
Now, considering the time periods and investments, we can write:
A's share : B's share = (12 months * 18000) + (8 months * 12000) : (12 months * 15000) + (8 months * 10500)
A's share : B's share = (216000 + 96000) : (180000 + 84000)
A's share : B's share = 312000 : 264000
A's share : B's share = 5 : 4
Total profit = Rs. 9600
A's share = (5/9) * 9600 = Rs. 5333.33 (rounded off to nearest paisa)
Therefore, A's share in the profit is Rs. 5333.33.
Let the total profit be divided into two parts: A's share and B's share.
Total investment = Rs. 18000 + Rs. 15000 = Rs. 33000
A's investment for the full year = Rs. 18000
B's investment for the full year = Rs. 15000
A's investment for 4 months = Rs. 18000
B's investment for 4 months = Rs. 15000
A's investment remaining for 8 months = Rs. 18000 - Rs. 6000 = Rs. 12000
B's investment remaining for 8 months = Rs. 15000 - Rs. 4500 = Rs. 10500
Now, considering the time periods and investments, we can write:
A's share : B's share = (12 months * 18000) + (8 months * 12000) : (12 months * 15000) + (8 months * 10500)
A's share : B's share = (216000 + 96000) : (180000 + 84000)
A's share : B's share = 312000 : 264000
A's share : B's share = 5 : 4
Total profit = Rs. 9600
A's share = (5/9) * 9600 = Rs. 5333.33 (rounded off to nearest paisa)
Therefore, A's share in the profit is Rs. 5333.33.
|
Explore Courses for Quant exam
|
|
Similar Quant Doubts
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer?
Question Description
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. 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 entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. 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 entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer?.
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. 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 entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. 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 entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer?.
Solutions for A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant.
Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A and B entered into a partnership, investing Rs. 18000 and Rs. 15000 respectively. After 4 months, ‘A’ withdrew Rs. 6000, while B invested Rs. 3000 more. After 4 months more, C joins the business with a capital of Rs. 24,000. After an year, they obtained a profit of Rs. 22,620. What is A’s share in the profit?a)Rs.8120b)Rs.9600c)Rs.8500d)Rs.7800e)None of theseCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Quant tests.
|
|
Explore Courses for Quant exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup