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Ramya invested an amount of Rs.60000 to start a business . After 8 months, Bharathi joined her with an amount of Rs .30000. They earned profit Rs. 24500 after one year. What is Bharathi profit ?
- a)2500
- b)1500
- c)3500
- d)4000
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Ramya invested an amount of Rs.60000 to start a business . After 8 mo...
Ratio of capital invested by each partner.
i.e Ramya and Bharathi for one year in order to get same profit.
Ramya invested for 12 months whereas Bharathi invested for 4 months. Therefore,
= 12 * 60000 : 4 * 30000 = 720000 : 120000 = 6 : 1
Share of Bharathi out of Rs .24500 = 1/7 * 24500 = Rs. 3500
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Ramya invested an amount of Rs.60000 to start a business . After 8 mo...
Given information:
- Ramya invested Rs. 60000 to start a business.
- After 8 months, Bharathi joined her with an amount of Rs. 30000.
- They earned a profit of Rs. 24500 after one year.
To find:
- Bharathi's profit.
Explanation:
Step 1: Calculate the total investment of Ramya and Bharathi.
Since Ramya invested for the entire year and Bharathi joined after 8 months, their investments can be calculated as follows:
- Ramya's investment for 1 year = Rs. 60000
- Bharathi's investment for 8 months = Rs. 30000
Step 2: Calculate the ratio of their investments.
To determine the profit distribution, we need to calculate the ratio of their investments.
The ratio can be calculated using the formula:
Ratio = Investment1 * Time1 : Investment2 * Time2
Here, Investment1 and Investment2 are the investments made by Ramya and Bharathi respectively, and Time1 and Time2 are the durations for which they invested.
- Ratio = (60000 * 12) : (30000 * 8)
= 720000 : 240000
= 3 : 1
Step 3: Calculate Bharathi's profit.
Since the profit is distributed in the ratio of 3:1, Bharathi's share can be calculated as:
- Bharathi's profit = Total profit * (Share of Bharathi / Total shares)
= 24500 * (1 / (3+1))
= 24500 * (1/4)
= 24500/4
= 6125
Therefore, Bharathi's profit is Rs. 6125.
Conclusion:
- Bharathi's profit is Rs. 6125. (Option C)
- Ramya invested Rs. 60000 to start a business.
- After 8 months, Bharathi joined her with an amount of Rs. 30000.
- They earned a profit of Rs. 24500 after one year.
To find:
- Bharathi's profit.
Explanation:
Step 1: Calculate the total investment of Ramya and Bharathi.
Since Ramya invested for the entire year and Bharathi joined after 8 months, their investments can be calculated as follows:
- Ramya's investment for 1 year = Rs. 60000
- Bharathi's investment for 8 months = Rs. 30000
Step 2: Calculate the ratio of their investments.
To determine the profit distribution, we need to calculate the ratio of their investments.
The ratio can be calculated using the formula:
Ratio = Investment1 * Time1 : Investment2 * Time2
Here, Investment1 and Investment2 are the investments made by Ramya and Bharathi respectively, and Time1 and Time2 are the durations for which they invested.
- Ratio = (60000 * 12) : (30000 * 8)
= 720000 : 240000
= 3 : 1
Step 3: Calculate Bharathi's profit.
Since the profit is distributed in the ratio of 3:1, Bharathi's share can be calculated as:
- Bharathi's profit = Total profit * (Share of Bharathi / Total shares)
= 24500 * (1 / (3+1))
= 24500 * (1/4)
= 24500/4
= 6125
Therefore, Bharathi's profit is Rs. 6125.
Conclusion:
- Bharathi's profit is Rs. 6125. (Option C)
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Ramya invested an amount of Rs.60000 to start a business . After 8 months, Bharathi joined her with an amount of Rs .30000. They earned profit Rs. 24500 after one year. What is Bharathi profit ?a) 2500b) 1500c) 3500d) 4000Correct answer is option 'C'. Can you explain this answer?
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Ramya invested an amount of Rs.60000 to start a business . After 8 months, Bharathi joined her with an amount of Rs .30000. They earned profit Rs. 24500 after one year. What is Bharathi profit ?a) 2500b) 1500c) 3500d) 4000Correct answer is option 'C'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Ramya invested an amount of Rs.60000 to start a business . After 8 months, Bharathi joined her with an amount of Rs .30000. They earned profit Rs. 24500 after one year. What is Bharathi profit ?a) 2500b) 1500c) 3500d) 4000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ramya invested an amount of Rs.60000 to start a business . After 8 months, Bharathi joined her with an amount of Rs .30000. They earned profit Rs. 24500 after one year. What is Bharathi profit ?a) 2500b) 1500c) 3500d) 4000Correct answer is option 'C'. Can you explain this answer?.
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