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8. A and B started a business in partnership by investing Rs.20, 000 and Rs.15,000 respectively. After six months, C joined them with Rs.20000. What will be B;s share in the total profit of Rs.20,000 earned at the end of 2 tears from the starting of the business?
(a) Rs. 7500
(b) Rs.6000
(c) Rs.9500
(d) Rs. 10,000?
Most Upvoted Answer
8. A and B started a business in partnership by investing Rs.20, 000 a...
Calculation of B's Share in the Total Profit:
1. **Initial Investments:**
- A's investment = Rs. 20,000
- B's investment = Rs. 15,000
2. **Investment after 6 months:**
- A's investment remains Rs. 20,000
- B's investment remains Rs. 15,000
- C's investment = Rs. 20,000
3. **Total Investment:**
- A's total investment = Rs. 20,000 * 24 months = Rs. 40,000
- B's total investment = Rs. 15,000 * 24 months = Rs. 30,000
- C's total investment = Rs. 20,000 * 18 months = Rs. 36,000
4. **Profit Sharing Ratio:**
- A : B : C = (40,000 : 30,000 : 36,000) = (4 : 3 : 3)
5. **B's Share in the Profit of Rs. 20,000:**
- B's share = Total profit * (B's share ratio / Total share ratio)
- B's share = Rs. 20,000 * (3 / 10) = Rs. 6,000
Therefore, B's share in the total profit of Rs. 20,000 earned at the end of 2 years from the starting of the business is Rs. 6,000.
So, the correct answer is (b) Rs. 6,000.
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8. A and B started a business in partnership by investing Rs.20, 000 and Rs.15,000 respectively. After six months, C joined them with Rs.20000. What will be B;s share in the total profit of Rs.20,000 earned at the end of 2 tears from the starting of the business?(a) Rs. 7500(b) Rs.6000(c) Rs.9500(d) Rs. 10,000?
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8. A and B started a business in partnership by investing Rs.20, 000 and Rs.15,000 respectively. After six months, C joined them with Rs.20000. What will be B;s share in the total profit of Rs.20,000 earned at the end of 2 tears from the starting of the business?(a) Rs. 7500(b) Rs.6000(c) Rs.9500(d) Rs. 10,000? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about 8. A and B started a business in partnership by investing Rs.20, 000 and Rs.15,000 respectively. After six months, C joined them with Rs.20000. What will be B;s share in the total profit of Rs.20,000 earned at the end of 2 tears from the starting of the business?(a) Rs. 7500(b) Rs.6000(c) Rs.9500(d) Rs. 10,000? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 8. A and B started a business in partnership by investing Rs.20, 000 and Rs.15,000 respectively. After six months, C joined them with Rs.20000. What will be B;s share in the total profit of Rs.20,000 earned at the end of 2 tears from the starting of the business?(a) Rs. 7500(b) Rs.6000(c) Rs.9500(d) Rs. 10,000?.
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