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A and B starts a business by investing equal amount four months later c joins them investing rs.3.5Lakhs.By withdrawing his investment in the business b leaves the business 4months after c joined.at the end of the year the business makes rs.62400 profit out of which A collect rs.2400 as his share of profit.how much should be paid to C as his share of profit(in rupees)?
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A and B starts a business by investing equal amount four months later ...
Investment Duration and Capital Contribution
- A and B invest equal amounts and start the business.
- C joins the business 4 months later with an investment of Rs. 3.5 Lakhs.
- B withdraws his investment 4 months after C joins.
Calculation of Effective Capital Contribution
- Let the investment amount of A and B be Rs. x each.
- A and B's investment duration: 12 months (1 year).
- C's investment duration: 8 months (from month 5 to month 12).
- B’s effective investment duration: 4 months (from month 5 to month 8).
Calculating Weighted Investments
- A's contribution = x * 12 months = 12x
- B's contribution = x * 4 months = 4x
- C's contribution = 3.5 Lakhs * 8 months = 28 Lakhs
Total Effective Capital
- Total capital = 12x + 4x + 28 Lakhs = 16x + 28 Lakhs
Profit Distribution
- Total profit = Rs. 62400
- A's share of profit = Rs. 2400
Calculating A's Share Ratio
- A's ratio = 2400 / 62400 = 1/26
- Thus, A's contribution ratio is 1 out of the total contributions.
Calculating C's Share of Profit
- Total ratio contributions = 12x + 4x + 28 Lakhs = 16x + 28 Lakhs
- B's share = 4x / (16x + 28) and C's share = 28 / (16x + 28).
- The profit share for C = 28 / 16 (total parts) * 62400 = Rs. 43200.
Conclusion
- C should be paid Rs. 43200 as his share of the profit.
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A and B starts a business by investing equal amount four months later c joins them investing rs.3.5Lakhs.By withdrawing his investment in the business b leaves the business 4months after c joined.at the end of the year the business makes rs.62400 profit out of which A collect rs.2400 as his share of profit.how much should be paid to C as his share of profit(in rupees)?
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A and B starts a business by investing equal amount four months later c joins them investing rs.3.5Lakhs.By withdrawing his investment in the business b leaves the business 4months after c joined.at the end of the year the business makes rs.62400 profit out of which A collect rs.2400 as his share of profit.how much should be paid to C as his share of profit(in rupees)? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A and B starts a business by investing equal amount four months later c joins them investing rs.3.5Lakhs.By withdrawing his investment in the business b leaves the business 4months after c joined.at the end of the year the business makes rs.62400 profit out of which A collect rs.2400 as his share of profit.how much should be paid to C as his share of profit(in rupees)? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A and B starts a business by investing equal amount four months later c joins them investing rs.3.5Lakhs.By withdrawing his investment in the business b leaves the business 4months after c joined.at the end of the year the business makes rs.62400 profit out of which A collect rs.2400 as his share of profit.how much should be paid to C as his share of profit(in rupees)?.
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