For starting an import export business, three friends Amav, Anubha and Astha contributed various amounts for different time periods. Amav contributed a sum of Rs. 1,00,000 from the first day of January and withdrew the same in April at the end. Anubha invested Rs. 50,000 in April and withdrew the same after 6 months. Astha invested Rs. 60,000 for 7 months. At the end of the year the net profit was 14,000. The three decided to keep aside 20% of the profit for business development and the rest is to be divided among them. What will the profit share of Anubha?a)Rs. 3,750b)Rs. 3,000c)Rs. 4,500d)Rs. 4,000Correct answer is option 'B'. Can you explain this answer?

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For starting an import export business, three friends Amav, Anubha and Astha contributed various amounts for different time periods. Amav contributed a sum of Rs. 1,00,000 from the first day of January and withdrew the same in April at the end. Anubha invested Rs. 50,000 in April and withdrew the same after 6 months. Astha invested Rs. 60,000 for 7 months. At the end of the year the net profit was 14,000. The three decided to keep aside 20% of the profit for business development and the rest is to be divided among them. What will the profit share of Anubha?

a)
Rs. 3,750
b)
Rs. 3,000
c)
Rs. 4,500
d)
Rs. 4,000

Correct answer is option 'B'. Can you explain this answer?

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For starting an import export business, three friends Amav, Anubha and...

Ratio of the shares of Amav, Anubha and Astha = 1,00,000 x 4 : 50,000 x 6 : 60,000 x 7 = 20: 15 : 21
Profit to be divided = 80% of Rs. 14,000 = Rs. 11,200.

Hence, option 2.

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For starting an import export business, three friends Amav, Anubha and...

To find the profit share of Anubha, we need to determine the total investment made by each friend and calculate their respective profit shares based on their investments.

Total investment made by each friend:
- Amav invested Rs. 1,00,000 for 4 months (January to April)
- Anubha invested Rs. 50,000 for 6 months (April to September)
- Astha invested Rs. 60,000 for 7 months (January to July)

Calculating the individual investments:
- Amav's investment = Rs. 1,00,000 * 4 = Rs. 4,00,000
- Anubha's investment = Rs. 50,000 * 6 = Rs. 3,00,000
- Astha's investment = Rs. 60,000 * 7 = Rs. 4,20,000

Total investment by all three friends = Rs. 4,00,000 + Rs. 3,00,000 + Rs. 4,20,000 = Rs. 11,20,000

Calculating profit share:
- Net profit = Rs. 14,000
- 20% of net profit for business development = (20/100) * Rs. 14,000 = Rs. 2,800
- Remaining profit to be divided among the three friends = Rs. 14,000 - Rs. 2,800 = Rs. 11,200

Calculating profit share for each friend:
- Amav's profit share = (Amav's investment / Total investment) * Remaining profit
= (Rs. 4,00,000 / Rs. 11,20,000) * Rs. 11,200 = Rs. 4,000
- Anubha's profit share = (Anubha's investment / Total investment) * Remaining profit
= (Rs. 3,00,000 / Rs. 11,20,000) * Rs. 11,200 = Rs. 3,000
- Astha's profit share = (Astha's investment / Total investment) * Remaining profit
= (Rs. 4,20,000 / Rs. 11,20,000) * Rs. 11,200 = Rs. 4,200

Therefore, the profit share of Anubha is Rs. 3,000.

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For starting an import export business, three friends Amav, Anubha and Astha contributed various amounts for different time periods. Amav contributed a sum of Rs. 1,00,000 from the first day of January and withdrew the same in April at the end. Anubha invested Rs. 50,000 in April and withdrew the same after 6 months. Astha invested Rs. 60,000 for 7 months. At the end of the year the net profit was 14,000. The three decided to keep aside 20% of the profit for business development and the rest is to be divided among them. What will the profit share of Anubha?a)Rs. 3,750b)Rs. 3,000c)Rs. 4,500d)Rs. 4,000Correct answer is option 'B'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about For starting an import export business, three friends Amav, Anubha and Astha contributed various amounts for different time periods. Amav contributed a sum of Rs. 1,00,000 from the first day of January and withdrew the same in April at the end. Anubha invested Rs. 50,000 in April and withdrew the same after 6 months. Astha invested Rs. 60,000 for 7 months. At the end of the year the net profit was 14,000. The three decided to keep aside 20% of the profit for business development and the rest is to be divided among them. What will the profit share of Anubha?a)Rs. 3,750b)Rs. 3,000c)Rs. 4,500d)Rs. 4,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For starting an import export business, three friends Amav, Anubha and Astha contributed various amounts for different time periods. Amav contributed a sum of Rs. 1,00,000 from the first day of January and withdrew the same in April at the end. Anubha invested Rs. 50,000 in April and withdrew the same after 6 months. Astha invested Rs. 60,000 for 7 months. At the end of the year the net profit was 14,000. The three decided to keep aside 20% of the profit for business development and the rest is to be divided among them. What will the profit share of Anubha?a)Rs. 3,750b)Rs. 3,000c)Rs. 4,500d)Rs. 4,000Correct answer is option 'B'. Can you explain this answer?.

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