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Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 respectively. After three months Sujit joined them investing Rs. 82000. 3 months after starting business Gagan and Laxman withdraw Rs. 15000 and Rs. 18000 respectively. At the end of the year find the sum of shares of Sujit and Laxman in total profit of Rs. 6450
  • a)
    Rs. 4784
  • b)
    Rs. 3817
  • c)
    Rs. 4033
  • d)
    Rs. 4447
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 ...
Investment by Gagan is 64000 for first three months and (64000-15000) for next nine months.
Similarly, for others too.
Investment by Gagan = 64000x3 + 49000x9 = 633000
Investment by Laxman = 40000x3 + 22000x9 = 318000
Investment by Sujit = 82000x9 = 738000
Share of Sujit & Laxman = (318+738)/(633+318+738) x 6450 = Rs. 4032.68
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Community Answer
Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 ...
Investment by Gagan is 64000 for first three months and (64000-15000) for next nine months.
Similarly, for others too.
Investment by Gagan = 64000x3 + 49000x9 = 633000
Investment by Laxman = 40000x3 + 22000x9 = 318000
Investment by Sujit = 82000x9 = 738000
Share of Sujit & Laxman = (318+738)/(633+318+738) x 6450 = Rs. 4032.68
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Direction: Read the following information and answer the question given below.- Ambani, Premji, Hinduja and Mittal started a business by investing initially in the ratio 5: 9: 7: 6 and after 1st year Premji withdrew 33(1/3) % of his initial investment.- After 1st year Hinduja, Ambani and Mittal invested additional amounts in the ratio 7:12:15.- Additional investments of Ambani after 1st year was 75% of his additional investment after 2nd year and the additional investment of Premji after 2nd year was equal to his initial investment and after 2nd year Hinduja and Mittal withdrew some parts of their investment in the ratio 4:5.- After 3rd year the ratio of additional investments of Ambani and Premji was 3:2 and Hinduja and Mittal withdrew parts of their investments in the ratio 1:2 respectively and they continued business at any point of time they shared profit in the ratio of investment considering time of investment.The total initial investment of all the given four persons together was Rs.27000 and the ratio of amount withdrew by Premji at the end of 1st year to the additional investment by Ambani at the end of 1st year is 1:2. If the additional investment of Hinduja at the end of 1st year is 75% more than the amount withdrew by him at the end of 2nd year and additional investment of Ambani at the end of 3rd year was half of his investment at the end of 1st year also amount withdrew by Mittal at the end of 3rd year is equal to the additional investment of Premji at the end of 3rd year, then in what ratio will Ambani, Premji, Hinduja and Mittal will share the profit at the end of 5 years?

Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 respectively. After three months Sujit joined them investing Rs. 82000. 3 months after starting business Gagan and Laxman withdraw Rs. 15000 and Rs. 18000 respectively. At the end of the year find the sum of shares of Sujit and Laxman in total profit of Rs. 6450a)Rs. 4784b)Rs. 3817c)Rs. 4033d)Rs. 4447Correct answer is option 'C'. Can you explain this answer?
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Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 respectively. After three months Sujit joined them investing Rs. 82000. 3 months after starting business Gagan and Laxman withdraw Rs. 15000 and Rs. 18000 respectively. At the end of the year find the sum of shares of Sujit and Laxman in total profit of Rs. 6450a)Rs. 4784b)Rs. 3817c)Rs. 4033d)Rs. 4447Correct answer is option 'C'. 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 Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 respectively. After three months Sujit joined them investing Rs. 82000. 3 months after starting business Gagan and Laxman withdraw Rs. 15000 and Rs. 18000 respectively. At the end of the year find the sum of shares of Sujit and Laxman in total profit of Rs. 6450a)Rs. 4784b)Rs. 3817c)Rs. 4033d)Rs. 4447Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Gagan and Laxman started a business investing Rs. 64000 and Rs. 40000 respectively. After three months Sujit joined them investing Rs. 82000. 3 months after starting business Gagan and Laxman withdraw Rs. 15000 and Rs. 18000 respectively. At the end of the year find the sum of shares of Sujit and Laxman in total profit of Rs. 6450a)Rs. 4784b)Rs. 3817c)Rs. 4033d)Rs. 4447Correct answer is option 'C'. Can you explain this answer?.
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