UPSC Exam > UPSC Questions > A, B, C, Invested 20 lac rupees in a busines...
Start Learning for Free
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.
- a)118.8%
- b)180.0%
- c)306.25%
- d)304.5%
- e)None of the above
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1....
Given:
- A, B, C invested 20 lac rupees in a business in the ratio 7:2:1.
- Total profit is 20%.
- A has to pay 30% tax.
- B has to pay 20% tax.
To find:
- A's net profit as a percentage of B's net profit.
Solution:
Let's calculate the investments made by A, B, and C.
- Ratio of investments = 7:2:1
- Total investment = 20 lac rupees
So,
- A's investment = (7/10) * 20 lac = 14 lac
- B's investment = (2/10) * 20 lac = 4 lac
- C's investment = (1/10) * 20 lac = 2 lac
Now, let's calculate the profit earned by each partner.
- Total profit = 20% of 20 lac = 4 lac
Profit share for A, B, and C:
- A's share = (14/20) * 4 lac = 2.8 lac
- B's share = (4/20) * 4 lac = 0.8 lac
- C's share = (2/20) * 4 lac = 0.4 lac
Now, let's calculate the taxes paid by A and B.
- A's tax = 30% of 2.8 lac = 0.84 lac
- B's tax = 20% of 0.8 lac = 0.16 lac
Calculating net profit:
- A's net profit = A's share - A's tax = 2.8 lac - 0.84 lac = 1.96 lac
- B's net profit = B's share - B's tax = 0.8 lac - 0.16 lac = 0.64 lac
Calculating A's net profit as a percentage of B's net profit:
- A's net profit percentage = (A's net profit / B's net profit) * 100
= (1.96 lac / 0.64 lac) * 100
= 306.25%
Therefore, A's net profit is 306.25% of B's net profit.
Hence, the correct answer is option (c) 306.25%.
- A, B, C invested 20 lac rupees in a business in the ratio 7:2:1.
- Total profit is 20%.
- A has to pay 30% tax.
- B has to pay 20% tax.
To find:
- A's net profit as a percentage of B's net profit.
Solution:
Let's calculate the investments made by A, B, and C.
- Ratio of investments = 7:2:1
- Total investment = 20 lac rupees
So,
- A's investment = (7/10) * 20 lac = 14 lac
- B's investment = (2/10) * 20 lac = 4 lac
- C's investment = (1/10) * 20 lac = 2 lac
Now, let's calculate the profit earned by each partner.
- Total profit = 20% of 20 lac = 4 lac
Profit share for A, B, and C:
- A's share = (14/20) * 4 lac = 2.8 lac
- B's share = (4/20) * 4 lac = 0.8 lac
- C's share = (2/20) * 4 lac = 0.4 lac
Now, let's calculate the taxes paid by A and B.
- A's tax = 30% of 2.8 lac = 0.84 lac
- B's tax = 20% of 0.8 lac = 0.16 lac
Calculating net profit:
- A's net profit = A's share - A's tax = 2.8 lac - 0.84 lac = 1.96 lac
- B's net profit = B's share - B's tax = 0.8 lac - 0.16 lac = 0.64 lac
Calculating A's net profit as a percentage of B's net profit:
- A's net profit percentage = (A's net profit / B's net profit) * 100
= (1.96 lac / 0.64 lac) * 100
= 306.25%
Therefore, A's net profit is 306.25% of B's net profit.
Hence, the correct answer is option (c) 306.25%.
Free Test
FREE
| Start Free Test |
Community Answer
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1....
A, b, c, invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 18%.
then let a , b, c invested rupees 7x , 2x , x
now,
7x+2x+x = 20 lac
10x = 20 lac
x = 2 lac
then A and b invested rupees = 14 lac and 4 lac
A 's total profit=1400000×18%
=Rs. 252,000
A's net profit = 252000-252000×tax(30% )
=Rs. 176400
B's total profit = 400000×18%
=Rs. 72000
B's net profit = 72000- 72000×tax(20%)
=Rs. 57600
we have.
percent of net profit of a is more than the net profit of b
= 306.25%
Hence, the correct option is (c).
|
Explore Courses for UPSC exam
|
|
Similar UPSC Doubts
Top Courses for UPSCView all
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
Question Description
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect 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 A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect 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 A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect 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 A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect 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 A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?.
Solutions for A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A, B, C, Invested 20 lac rupees in a business in the ratio 7 : 2 : 1. The total profit is 20%. A has to pay 30% tax and B hast to pay 20% tax. A's net profit is what percent of B's net profit.a)118.8%b)180.0%c)306.25%d)304.5%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice UPSC tests.
|
|
Explore Courses for UPSC 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
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup