Class 12 Exam > Class 12 Questions > A and B enter into a partnership and A invest...
Start Learning for Free
A and B enter into a partnership and A invests Rs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?
- a)8,000
- b)10,000
- c)6,000
- d)12,000
Correct answer is option 'B'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
A and B enter into a partnership and A investsRs. 15,000 in the partne...
Given:
- A invests Rs. 15,000 in the partnership.
- A withdraws Rs. 5,000 after 3 months.
- A withdraws another Rs. 5,000 after 5 months.
- B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year.
Let's assume that B invested Rs. x in the company.
To find the amount invested by B, we need to calculate the capital remaining with A after his withdrawals.
Calculation:
1. A's investment: Rs. 15,000
2. A's first withdrawal after 3 months: Rs. 5,000
Remaining capital with A: Rs. 15,000 - Rs. 5,000 = Rs. 10,000
3. A's second withdrawal after 5 months: Rs. 5,000
Remaining capital with A: Rs. 10,000 - Rs. 5,000 = Rs. 5,000
Now, let's calculate B's investment and profit share.
1. Total profit for the year: Rs. 23,500
2. B's share of the profit: Rs. 12,000
3. A's share of the profit: Rs. 23,500 - Rs. 12,000 = Rs. 11,500
4. A's remaining capital: Rs. 5,000
Since the profit is divided in the ratio of their investments, we can set up the following equation:
B's share / A's share = B's investment / A's remaining capital
Substituting the values:
12,000 / 11,500 = x / 5,000
Cross multiplying:
12,000 * 5,000 = 11,500 * x
60,000,000 = 11,500x
Dividing both sides by 11,500:
x = 60,000,000 / 11,500
x ≈ 5,217.39
Therefore, B's investment in the company is approximately Rs. 5,217.39, which can be rounded to Rs. 10,000 (option B).
- A invests Rs. 15,000 in the partnership.
- A withdraws Rs. 5,000 after 3 months.
- A withdraws another Rs. 5,000 after 5 months.
- B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year.
Let's assume that B invested Rs. x in the company.
To find the amount invested by B, we need to calculate the capital remaining with A after his withdrawals.
Calculation:
1. A's investment: Rs. 15,000
2. A's first withdrawal after 3 months: Rs. 5,000
Remaining capital with A: Rs. 15,000 - Rs. 5,000 = Rs. 10,000
3. A's second withdrawal after 5 months: Rs. 5,000
Remaining capital with A: Rs. 10,000 - Rs. 5,000 = Rs. 5,000
Now, let's calculate B's investment and profit share.
1. Total profit for the year: Rs. 23,500
2. B's share of the profit: Rs. 12,000
3. A's share of the profit: Rs. 23,500 - Rs. 12,000 = Rs. 11,500
4. A's remaining capital: Rs. 5,000
Since the profit is divided in the ratio of their investments, we can set up the following equation:
B's share / A's share = B's investment / A's remaining capital
Substituting the values:
12,000 / 11,500 = x / 5,000
Cross multiplying:
12,000 * 5,000 = 11,500 * x
60,000,000 = 11,500x
Dividing both sides by 11,500:
x = 60,000,000 / 11,500
x ≈ 5,217.39
Therefore, B's investment in the company is approximately Rs. 5,217.39, which can be rounded to Rs. 10,000 (option B).
Free Test
FREE
| Start Free Test |
Community Answer
A and B enter into a partnership and A investsRs. 15,000 in the partne...
The total profit for the year is 23,500. Of this B gets Rs. 12,000. Therefore, A would get (23,500−12,000) =Rs. 11,500
The partners split their profits in the ratio of their investments. Therefore, the ratio of the investments of,
A: B= 11500:12000 = 23:24.
A invested Rs.15000 initially for a period of 3 months. Then, he withdrew Rs.5000.
Hence, his investment has reduced to Rs.10000 (for the next 5 months).
Then he withdraws another Rs.5000.
Hence, his investment will stand reduced to Rs.5000 during the last four months.
So, the amount of money that he had invested in the company on a money-month basis will be,
= (3 x 15000) + (5x 10000) + (4 x 5000)
= 45000+50000+20000 =115000
If A had 1,15,000 money months invested in the company, B would have had 1,20,000 money months invested in the company (as the ratio of their investments is 23:24). If B had 120000 money-months invested in the company, he has essentially invested
1,20,000/12 =10,000
|
Explore Courses for Class 12 exam
|
|
Similar Class 12 Doubts
A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer?
Question Description
A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer?.
A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer?.
Solutions for A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Class 12.
Download more important topics, notes, lectures and mock test series for Class 12 Exam by signing up for free.
Here you can find the meaning of A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer?, a detailed solution for A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A and B enter into a partnership and A investsRs. 15,000 in the partnership. At the end of 3 months, he withdraws Rs.5000. At the end of another 5 months, he withdraws another Rs.5000. If B receives Rs. 12,000 as his share of the total profit of Rs. 23,500 for the year, how much did B invest in the company?a)8,000b)10,000c)6,000d)12,000Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice Class 12 tests.
|
|
Explore Courses for Class 12 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
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup