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Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?
- a)Rs 3500
- b)Rs 3000
- c)Rs 2500
- d)Rs 4000
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Mohinder and Surinder entered into a partnership by investing Rs 12000...
Mohinder : Surinder : Sudhir
= 12,000 x 6 : 9000 x 6 : 15,000 x 3
= 8 : 6 : 5
∴ Sudhir's share
= Rs. (9500 x 5/19 ) = Rs 2500
= 12,000 x 6 : 9000 x 6 : 15,000 x 3
= 8 : 6 : 5
∴ Sudhir's share
= Rs. (9500 x 5/19 ) = Rs 2500
Most Upvoted Answer
Mohinder and Surinder entered into a partnership by investing Rs 12000...
To find the share of Sudhir in the profit, we need to calculate the ratio of their investments and the ratio of their time periods for which they have invested their money.
Given:
Investment by Mohinder = Rs 12000
Investment by Surinder = Rs 9000
Investment by Sudhir = Rs 15000
Time period for which Mohinder and Surinder have invested = 6 months (half-yearly profit)
Time period for which Sudhir has invested = 3 months
Let's calculate the ratio of their investments:
Ratio of investment by Mohinder : investment by Surinder : investment by Sudhir
= 12000 : 9000 : 15000
= 4 : 3 : 5
Now, let's calculate the ratio of their time periods:
Ratio of time period for Mohinder and Surinder : time period for Sudhir
= 6 : 3
= 2 : 1
Now, let's calculate the share of Sudhir in the profit:
Share of Sudhir = (Investment by Sudhir * Time period for Sudhir) / (Investment by Mohinder * Time period for Mohinder + Investment by Surinder * Time period for Surinder + Investment by Sudhir * Time period for Sudhir) * Total profit
Share of Sudhir = (15000 * 3) / (12000 * 2 + 9000 * 2 + 15000 * 3) * 9500
Share of Sudhir = (45000) / (24000 + 18000 + 45000) * 9500
Share of Sudhir = (45000) / (87000) * 9500
Share of Sudhir = 2500
Therefore, the share of Sudhir in the half-yearly profit of Rs 9500 is Rs 2500. The correct answer is option C.
Given:
Investment by Mohinder = Rs 12000
Investment by Surinder = Rs 9000
Investment by Sudhir = Rs 15000
Time period for which Mohinder and Surinder have invested = 6 months (half-yearly profit)
Time period for which Sudhir has invested = 3 months
Let's calculate the ratio of their investments:
Ratio of investment by Mohinder : investment by Surinder : investment by Sudhir
= 12000 : 9000 : 15000
= 4 : 3 : 5
Now, let's calculate the ratio of their time periods:
Ratio of time period for Mohinder and Surinder : time period for Sudhir
= 6 : 3
= 2 : 1
Now, let's calculate the share of Sudhir in the profit:
Share of Sudhir = (Investment by Sudhir * Time period for Sudhir) / (Investment by Mohinder * Time period for Mohinder + Investment by Surinder * Time period for Surinder + Investment by Sudhir * Time period for Sudhir) * Total profit
Share of Sudhir = (15000 * 3) / (12000 * 2 + 9000 * 2 + 15000 * 3) * 9500
Share of Sudhir = (45000) / (24000 + 18000 + 45000) * 9500
Share of Sudhir = (45000) / (87000) * 9500
Share of Sudhir = 2500
Therefore, the share of Sudhir in the half-yearly profit of Rs 9500 is Rs 2500. The correct answer is option C.
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Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct answer is option 'C'. Can you explain this answer?
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Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct 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 Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct 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 Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct answer is option 'C'. Can you explain this answer?.
Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct 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 Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct 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 Mohinder and Surinder entered into a partnership by investing Rs 12000 and Rs 9000 respectively. After 3 months Sudhir joined them with an investment of Rs 15000. What is the share of Sudhir in a half-yearly profit of Rs 9500?a)Rs 3500b)Rs 3000c)Rs 2500d)Rs 4000Correct answer is option 'C'. Can you explain this answer?.
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