8
Q:

# A is a working and B is sleeping partners in a business. A puts in Rs. 5000 and B puts in Rs.6000. A receives % of the profit for managing the business and the rest is divided in proportion to their capital. What does each get out of a profit of Rs. 880?

Q:

A and B began business with Rs.3000 and Rs.4000 after 8 months, A withdraws Rs.1000 and B advances Rs.1000 more. At the end of the year, their profits amounted to Rs.630 find the share of A ?

 A) Rs. 240 B) Rs. 75 C) Rs. 125 D) Rs. 354

Explanation:

The ratio of A & B investments = (3x8 + 2x4):(4x8 + 5x4)

=> 8:13

=> 8/21 x 630 = 240.

1 6
Q:

Divide Rs.118000 among three persons A, B and C such that the ratio of the shares of A and B is 3:4 and that of B:C is 5:6 ?

 A) A = 48000 B = 40000 C = 30000 B) A = 30000 B = 40000 C = 48000 C) A = 30000 B = 48000 C = 40000 D) A = 40000 B = 48000 C = 30000

Answer & Explanation Answer: B) A = 30000 B = 40000 C = 48000

Explanation:

Compound ratio of A:B:C
A:B = 3:4
B:C = 5:6
----------
A:B:C = 15:20:24

We can divide Rs.118000 in this ratio.

Share of A = 15/59 x 118000 = 30000

Share of B = 20/59 x 118000 = 40000

Share of C = 24/59 x 118000 = 48000

1 49
Q:

Arun and Varun started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, Akhil joined them with Rs. 20,000. What will be Varun's share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business ?

 A) Rs. 7500 B) Rs. 4520 C) Rs. 8750 D) Rs. 6350

Explanation:

Arun : Varun : Akhil = (20000 x 24) : (15000 x 24) : (20000 x 18) = 4:3:3

B's share = 25000 x 3/10 = Rs. 7500.

4 91
Q:

If 6 (P's Capital ) = 8 ( Q's Capital ) = 12 ( R's Capital ) , then out of the total profit of Rs 4650 , R will receive ?

 A) Rs. 1033.33 B) Rs. 1024 C) Rs. 1148.14 D) Rs. 1245.32

Explanation:

Let
P's capital = p,
Q's capital = q and
R's capital = r.
Then

6p = 8q = 12r
=> 3p = 4q = 6r
=>q = 3p/4
r = 3p/6 = p/2
P : Q : R = p : 3p/4 : p/2
= 4 : 3 : 2
R's share = 4650 * (2/9) = 150*6 = Rs. 1033.33.

2 98
Q:

What is the difference in the shares of profit between P and Q in a joint business at the end of one year ?

a. P Invested Rs. 80,000 and withdrew Rs. 20,000 after 6 months.

b. Q joined four months after the start of business.

c. Q's amount was 80% of P's amount during the last six months.

 A) Only a B) Only c C) Both a & b D) Data is not sufficient

Explanation:

a. P's investment = (80000 x 6 + 60000 x 6) = 840000 for 1 month.

b & c. Q's investment = 80% of Rs. 60000 for 8 months.

= Rs.(48000 x 8) for 1 month = 384000 for 1 month

P : Q = 840000 : 384000 = 35 : 16.

But, the total profit is not given, so data is inadequate.