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Abhijit started a business investing Rs 70000. Anuja joined him after 6 months with an amount of Rs 105000 and Sunil joined them with Rs 1.4 lakhs after 6 months. The amount of profit earned should be distributed in what ratio among Abhijit, Anuja and Sunil respectively, three yrs after Abhijit started the business?
  • a)
    42:45:56
  • b)
    7:6:10
  • c)
    12:15:16
  • d)
    None of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
Abhijit started a business investing Rs 70000. Anuja joined him after ...
Investment Details
- Abhijit invests Rs 70,000 and operates for 3 years.
- Anuja joins after 6 months with Rs 1,05,000.
- Sunil joins after another 6 months with Rs 1,40,000.
Calculating Effective Investment Time
- Abhijit: 70,000 for 36 months
Effective Contribution = 70,000 * 36 = 2,520,000
- Anuja: 1,05,000 for 30 months
Effective Contribution = 1,05,000 * 30 = 3,150,000
- Sunil: 1,40,000 for 24 months
Effective Contribution = 1,40,000 * 24 = 3,360,000
Total Effective Contributions
- Abhijit's Contribution: 2,520,000
- Anuja's Contribution: 3,150,000
- Sunil's Contribution: 3,360,000
Calculating the Ratio
- Combine contributions:
Total = 2,520,000 + 3,150,000 + 3,360,000 = 9,030,000
- Ratio of contributions:
Abhijit : Anuja : Sunil = 2,520,000 : 3,150,000 : 3,360,000
Simplifying the Ratio
- Divide each by 30,000 to simplify:
Abhijit: 84
Anuja: 105
Sunil: 112
- This ratio can be further simplified:
Abhijit : Anuja : Sunil = 12 : 15 : 16
Final Answer
The profit should be distributed among Abhijit, Anuja, and Sunil in the ratio of 12:15:16, which corresponds to option C.
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Abhijit started a business investing Rs 70000. Anuja joined him after 6 months with an amount of Rs 105000 and Sunil joined them with Rs 1.4 lakhs after 6 months. The amount of profit earned should be distributed in what ratio among Abhijit, Anuja and Sunil respectively, three yrs after Abhijit started the business?a)42:45:56b)7:6:10c)12:15:16d)None of theseCorrect answer is option 'C'. Can you explain this answer?
Question Description
Abhijit started a business investing Rs 70000. Anuja joined him after 6 months with an amount of Rs 105000 and Sunil joined them with Rs 1.4 lakhs after 6 months. The amount of profit earned should be distributed in what ratio among Abhijit, Anuja and Sunil respectively, three yrs after Abhijit started the business?a)42:45:56b)7:6:10c)12:15:16d)None of theseCorrect 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 Abhijit started a business investing Rs 70000. Anuja joined him after 6 months with an amount of Rs 105000 and Sunil joined them with Rs 1.4 lakhs after 6 months. The amount of profit earned should be distributed in what ratio among Abhijit, Anuja and Sunil respectively, three yrs after Abhijit started the business?a)42:45:56b)7:6:10c)12:15:16d)None of theseCorrect 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 Abhijit started a business investing Rs 70000. Anuja joined him after 6 months with an amount of Rs 105000 and Sunil joined them with Rs 1.4 lakhs after 6 months. The amount of profit earned should be distributed in what ratio among Abhijit, Anuja and Sunil respectively, three yrs after Abhijit started the business?a)42:45:56b)7:6:10c)12:15:16d)None of theseCorrect answer is option 'C'. Can you explain this answer?.
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