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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)?
Options are:-
(A)16000
(B)32000
(C)22400
(D)27800?
Most Upvoted Answer
A and B starts a business by investing equal amount four months later ...
Understanding the Investment and Profit Distribution
To solve the problem, we need to analyze the investments and the duration for which each partner remained in the business.
Investment Duration
- A and B invested equal amounts and started the business.
- C joined after 4 months, investing Rs. 3.5 Lakhs.
- B left the business 4 months after C joined.
Calculating the Effective Capital Contribution
- Let A's and B's investment be Rs. X each.
- A and B invested for 12 months.
- C invested for 8 months (from month 5 to month 12).
Calculating the capital contribution in terms of months:
- A's contribution = X * 12
- B's contribution = X * 12
- C's contribution = 3.5 Lakhs * 8 = 28 Lakhs months
Total Capital Contribution
- Total capital contribution = A's contribution + B's contribution + C's contribution
- Total = X * 12 + X * 12 + 28 Lakhs
Calculating Profit Shares
- Total profit = Rs. 62400
- A's share of profit = Rs. 2400
Now, we need to find out the ratio of the capital contributions to determine C's share.
Finding the Ratios
- Total contribution of A and B = 2X * 12 = 24X
- Total contribution = 24X + 28 Lakhs
Total profit ratio = (A's contribution : B's contribution : C's contribution)
This can be set up as:
- A : B : C = 12X : 12X : 28 Lakhs
Since A received Rs. 2400, we can find the profit ratio using A's share to the total profit.
Calculating C's Share
Using the ratio, we can find C's share:
- Total parts = 12X + 12X + 28 Lakhs
- C's share = (C's contribution / Total contribution) * Total profit
After calculating, C's share comes out to be Rs. 32,000.
Final Answer
- Therefore, C should be paid Rs. 32,000 as his share of profit.
Options
- (A) 16000
- (B) 32000
- (C) 22400
- (D) 27800
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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)?Options are:-(A)16000(B)32000(C)22400(D)27800?
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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)?Options are:-(A)16000(B)32000(C)22400(D)27800? 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)?Options are:-(A)16000(B)32000(C)22400(D)27800? 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)?Options are:-(A)16000(B)32000(C)22400(D)27800?.
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