UPSC Exam  >  UPSC Questions  >  Mr. Arun Modi started a business with Rs. 1,2... Start Learning for Free
Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1?
Most Upvoted Answer
Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma la...
Initial Investment:
- Mr. Arun Modi: Rs. 1,25,000
- Mr. Arun Sharma: Rs. 50,000

Ratio of Profits:
- The profits were divided in the ratio 3:1 between Mr. Arun Modi and Mr. Arun Sharma at the end of a 2-year period.

Calculation:
- Let the total profit be x.
- Mr. Arun Modi's share = 3x/4
- Mr. Arun Sharma's share = x/4

Equating Investments to Profits:
- Mr. Arun Modi: 1,25,000 * 2 = 2,50,000
- Mr. Arun Sharma: 50,000 * t (t = time Mr. Arun Sharma stayed in the business)

Setting up an Equation:
- 3x/4 = 2,50,000
- x = 3,33,333.33

Solving for Mr. Arun Sharma's Share:
- x/4 = 3,33,333.33 / 4
- Mr. Arun Sharma's share = 83,333.33

Calculating the Time:
- 83,333.33 = 50,000 * t
- t = 1.67 years
Therefore, Mr. Arun Sharma stayed in the business for approximately 1.67 years.
Explore Courses for UPSC exam

Top Courses for UPSC

Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1?
Question Description
Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1?.
Solutions for Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? defined & explained in the simplest way possible. Besides giving the explanation of Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1?, a detailed solution for Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? has been provided alongside types of Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? theory, EduRev gives you an ample number of questions to practice Mr. Arun Modi started a business with Rs. 1,25,000. Mr. Arun Sharma later joined him with Rs. 50,000 investment. For how much period did Mr. Arun Sharma stay, if the profits at the end of a 2-year period were divided in the ratio 3:1? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev