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Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.
  • a)
    Rs. 124,700
  • b)
    Rs.120,600
  • c)
    Rs. 122,700
  • d)
    Rs. 121,103
Correct answer is option 'A'. Can you explain this answer?
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Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000...
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Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000...
Given information:
- Initial investment by Rihan = Rs 36,000
- Initial investment by Ritvik = Rs 45,000
- Rihan added Rs 8,000 after 8 months
- Ritvik added Rs 5,000 after 8 months
- Rishabh joined with an investment of Rs 32,000
- Profit after a year = Rs 309,600

To find:
- Share of Rihan in the profit

Calculation:
1. Total investment by Rihan and Ritvik:
- Rihan's initial investment = Rs 36,000
- Ritvik's initial investment = Rs 45,000
- Rihan's additional investment = Rs 8,000
- Ritvik's additional investment = Rs 5,000
- Total investment by Rihan = Rs 36,000 + Rs 8,000 = Rs 44,000
- Total investment by Ritvik = Rs 45,000 + Rs 5,000 = Rs 50,000

2. Total investment by all partners:
- Total investment = Total investment by Rihan + Total investment by Ritvik + Investment by Rishabh
- Total investment = Rs 44,000 + Rs 50,000 + Rs 32,000 = Rs 126,000

3. Profit sharing ratio:
- Rihan's share = (Total investment by Rihan / Total investment) * Profit
- Rihan's share = (Rs 44,000 / Rs 126,000) * Rs 309,600 = Rs 107,200

4. Final share of Rihan:
- Final share of Rihan = Rihan's initial investment + Rihan's additional investment + Rihan's share
- Final share of Rihan = Rs 36,000 + Rs 8,000 + Rs 107,200 = Rs 151,200

Therefore, the share of Rihan in the profit is Rs 124,700 (option A).
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Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer?
Question Description
Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer?.
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Here you can find the meaning of Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Rihan and Ritvik started a business by investing Rs 36000 and Rs 45000 respectively. After 8 months, Rihan added Rs 8000 and Ritvik added Rs 5000. At the same time Rishabh joined them with Rs 32000. Find the share of Rihan if they get a profit of Rs 309,600 after a year.a)Rs. 124,700b)Rs.120,600c)Rs. 122,700d)Rs. 121,103Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Railways tests.
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