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Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?
- a)7 : 6 : 10
- b)12 : 15 : 16
- c)42 : 45 : 56
- d)Cannot be determined
Correct answer is option 'B'. Can you explain this answer?
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Aman started a business investing Rs. 70,000. Rakhi joined him after s...
Given Information:
Aman invests Rs. 70,000 at the beginning
Rakhi joins after 6 months with Rs. 1,05,000
Sagar joins after another 6 months with Rs. 1,40,000
Calculation:
Let's calculate the profit distribution ratio among Aman, Rakhi, and Sagar:
Investment Ratio:
Aman : Rakhi : Sagar
= (70000 * 36) : (105000 * 30) : (140000 * 24)
= 2520000 : 3150000 : 3360000
= 12 : 15 : 16
Profit Distribution Ratio:
Aman's investment duration: 3 years
Rakhi's investment duration: 2.5 years
Sagar's investment duration: 2 years
The profit distribution ratio will be in proportion to their investments multiplied by the respective durations:
= (12 * 3) : (15 * 2.5) : (16 * 2)
= 36 : 37.5 : 32
= 12 : 15 : 16
Therefore, the profit earned should be distributed in the ratio 12 : 15 : 16 among Aman, Rakhi, and Sagar respectively, 3 years after Aman started the business.
The correct answer is option B) 12 : 15 : 16.
Aman invests Rs. 70,000 at the beginning
Rakhi joins after 6 months with Rs. 1,05,000
Sagar joins after another 6 months with Rs. 1,40,000
Calculation:
Let's calculate the profit distribution ratio among Aman, Rakhi, and Sagar:
Investment Ratio:
Aman : Rakhi : Sagar
= (70000 * 36) : (105000 * 30) : (140000 * 24)
= 2520000 : 3150000 : 3360000
= 12 : 15 : 16
Profit Distribution Ratio:
Aman's investment duration: 3 years
Rakhi's investment duration: 2.5 years
Sagar's investment duration: 2 years
The profit distribution ratio will be in proportion to their investments multiplied by the respective durations:
= (12 * 3) : (15 * 2.5) : (16 * 2)
= 36 : 37.5 : 32
= 12 : 15 : 16
Therefore, the profit earned should be distributed in the ratio 12 : 15 : 16 among Aman, Rakhi, and Sagar respectively, 3 years after Aman started the business.
The correct answer is option B) 12 : 15 : 16.
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Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?
Question Description
Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?.
Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer?.
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ample number of questions to practice Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?a)7 : 6 : 10b)12 : 15 : 16c)42 : 45 : 56d)Cannot be determinedCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.
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