A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ?

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

Bank Exams Exam > Bank Exams Questions > A, B and C started a business by investing Rs...

A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, B
invested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business and
they divided the rest of the amount proportional to the product of the investment and the time of the
investment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ?

Join for Free

Join for Free

Most Upvoted Answer

A, B and C started a business by investing Rs. 4x, 10x and 20x, respec...

Total Profit Calculation
To determine the total profit from the business, we first need to understand how A, B, and C share the profits after A receives his management fee.
Step 1: Calculate the Total Investment Contribution
- A's investment: Rs. 4x for 30 months = 120x
- B's investment: Rs. 10x for 35 months = 350x
- C's investment: Rs. 20x for 22 months = 440x
Step 2: Total Contribution
- Total contribution = A's contribution + B's contribution + C's contribution
- Total contribution = 120x + 350x + 440x = 910x
Step 3: Profit Distribution
- A receives 20% of the total profit (let's denote total profit as P).
- A's share from management = 0.2P
- Remaining profit for A, B, and C = 0.8P
Step 4: Calculate Individual Shares
- A's ratio = 120x / 910x
- B's ratio = 350x / 910x
- C's ratio = 440x / 910x
- A's share of remaining profit = (120/910) * 0.8P
- B's share of remaining profit = (350/910) * 0.8P
- C's share of remaining profit = (440/910) * 0.8P
Step 5: Total Share for A
- Total share for A = 0.2P + (120/910) * 0.8P
- A's total share = 0.2P + (96/910)P = (200+96)/910 * P = (296/910)P
Step 6: Setting Up the Equation
- Given A's share = Rs. 6950
- (296/910)P = 6950
Step 7: Calculate Total Profit (P)
- P = (6950 * 910) / 296
- P = Rs. 21,050
Conclusion
The total amount of profit, P, is Rs. 21,050.

Answered by Notes Wala · View profile

View all answers Start learning for free

Explore Courses for Bank Exams exam

Similar Bank Exams Doubts

Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. Three friends started a business and invested money in ratio (A+3):(A+2):(2A+3) such that the total money invested in the partnership is 3B+4D. At the end of year, the business generated a profit of Rs 64576. The third friend pulled out his capital and profits both at the end of the 1st year and invested the money in a scheme with 10% annual return (compounded yearly). What is the capital with the third friend at the end of 3rd year?

View answer

Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. 3A men and 4A-2 women can finish a work in 4.5 days while 5A-1 men and 4A+1 women can finish the work in 3 days. If one man and women alternately do the work, on which day the work will get finished?

View answer

Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. The annual budget of a company was equal to Rs E. Out of it, 15% was allotted for employee cost while 10% was allotted for capex. The company board proposed to increase the capex by 25% for next year while limitingthe employee expenses to 12% of annual budget for next year. The budget was also proposed to increase by 5%. What is the difference between the budget allocated for capex and employee expenses for next year?

View answer

Read the following information carefully and answer the questions based on it.The man has three daughters- Rakhi, Vibha and Priyanka. Priyanka is ..A….. years younger to Rakhi and Rakhi is younger to Vibha by the same. The man was planning to invest for her daughters in a monthly scheme. According to this scheme if the man invests for 5-10 years, he will get 2 times the money invested in total while if he invests for 10-15 years, he will get 3 times the total money invested. If the man invests for more than 15 years (maximum possible investment tenure is 18 years), he will get 3.5 times of total money invested. The plan starts from 1st January and ends on 31st December such that it matures on 31st December of the year when the girl turns 18. The man planned to invest in a ratio 25:32:20 for his daughters Rakhi, Vibha and Priyanka respectively. Sum of the amount invested for Rakhi and Vibha is Rs 14250 per month. Difference in amount at maturity between Rakhi and Priyanka is …..B…..Vibha and Rakhi get 3 times of the total money invested while Priyanka gets 3.5 times of the money invested. Vibha plans to buy a house whose 40% payment will be through the amount that she gets at maturity. Cost of the house is Rs ……..C……At the time of investing, Rakhi’s age is less than 5 years, while Priyanka’s age was not 1 year. Maturity value that Priyanka gets is ……D…… less than what Vibha gets. If the total amount invested by the father on his three daughters was invested at once and he was to get 10% SI on the investment, the maturity value after 10 years of investment would be…..E……Note:- Vibha age is not less than 5 Years.Q. After some years, Vibha planned to renovate her house. The painting cost 7.5% of the cost of the house. The labor cost is 20% of the cost of painting. Vibha gets a quote from another contractor who offers to renovate her house in 10% less than the 1st quote and labor cost is equal to 17.5% of the cost of painting. What is the difference of painting cost and labor cost with respect to the two quotes that Vibha gets?

View answer

Study the following data carefully and answer the given questions:Three persons P, Q and R invested in a business in such a way that, P started the business and Q and R joined the business later.P started a business by investing (x + 6000) rupees. After 4 months, P withdrew Rs. 3000 from the business and Q joined the business by investing (x – 2000) rupees. After 4 more months, Q invested Rs. 10000 more. R invested ‘x’ rupees in the business for ‘t’ months. After 1 year from the starting of the business, P’s profit share is 60% more than that of Q, which is 25% more than that of R.Q. If Q’s initial investment were Rs. 2000 less and the other information were remained same, then what would be the ratio of Q’s profit share to R’s profit share after 1 year?

View answer

Top Courses for Bank ExamsView all

Lucent for GK

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

General Awareness & Knowledge

Tips & Tricks for Government Exams

Improve Your Calculations: Vedic Maths (English)

Top Courses for Bank Exams

View all

A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ?

Share with a Friend

Answer this doubt

Question Description
A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? for Bank Exams 2025 is part of Bank Exams preparation. The Question and answers have been prepared according to the Bank Exams exam syllabus. Information about A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? covers all topics & solutions for Bank Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ?.

Solutions for A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? in English & in Hindi are available as part of our courses for Bank Exams. Download more important topics, notes, lectures and mock test series for Bank Exams Exam by signing up for free.

Here you can find the meaning of A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? defined & explained in the simplest way possible. Besides giving the explanation of A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ?, a detailed solution for A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? has been provided alongside types of A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? theory, EduRev gives you an ample number of questions to practice A, B and C started a business by investing Rs. 4x, 10x and 20x, respectively. A invested for 30 months, Binvested for 35 months and C invested for 22 months. A takes 20% of the profit for managing the business andthey divided the rest of the amount proportional to the product of the investment and the time of theinvestment. If A got Rs. 6950 as his share in the profit, what was the total amount (in Rs.) of profit ? tests, examples and also practice Bank Exams tests.

Explore Courses for Bank Exams exam