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Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?
  • a)
    Rs 15600
  • b)
    Rs 10500
  • c)
    Rs 10350
  • d)
    Rs 14300
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs ...
Pariksha investment = 8000 × 3 + 5500 × 9 = 24000 + 49500 = 73500
Mohit investment = 12000 × 3 + 14500 × 9 = 36000 + 130500 = 166500
Suvarna investment = 10500 × 6 = 63000
Ratio’s of their investment = 49:111:42
Difference between Mohit and Suvarna = 111 – 42 = 69
Therefore, 69/202 × 30300 =Rs 10350
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Most Upvoted Answer
Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs ...
Calculation of Share of Mohit and Suvarna:

Initial Investments:
- Pariksha's initial investment = Rs 8000
- Mohit's initial investment = Rs 12000

Changes in Investments:
- After 3 months, Pariksha withdrew Rs 2500 and Mohit invested Rs 2500 more.
- Pariksha's investment after 3 months = Rs 8000 - Rs 2500 = Rs 5500
- Mohit's investment after 3 months = Rs 12000 + Rs 2500 = Rs 14500

Further Investment:
- After 3 more months, Suvarna joined the business with an investment of Rs 10,500
- Suvarna's total investment = Rs 10500

Profit Sharing:
- Total profit after a year = Rs 30300
- Pariksha's share = (5500 * 12) / 8000 = Rs 8250
- Mohit's share = (14500 * 12) / 12000 = Rs 14500
- Suvarna's share = (10500 * 6) / 12000 = Rs 5250

Calculating the Difference:
- Mohit's share exceeds Suvarna's share by = Rs 14500 - Rs 5250 = Rs 9250
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Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer?
Question Description
Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct 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 Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct 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 Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer?.
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Here you can find the meaning of Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Praiksha and Mohit enters into a partnership investing Rs 8000 and Rs 12000 respectively. After 3 months, Pariksha withdrew Rs 2500, while Mohit invested Rs 2500 more. After 3 months more, Suvarna joins the business with a investment of Rs 10,500. After a year, they obtained a gain of Rs 30300. By what money does the share of Mohit exceeds the share of Suvarna?a)Rs 15600b)Rs 10500c)Rs 10350d)Rs 14300Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice Railways tests.
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