A Shop makes a profit of Rs. 85000 of which 15% as paid as taxes. If the rest is divided among the partners A,B,C in the ratio 8:7:6 then the total share of A and B is A) 54780 B) 51607 C) 56803 D) None

1 Answer

Answer :

Answer: B)

 Profit by company =Rs.85000

 After paying tax of 15%

 Remaining profit =85000*85/100

 =Rs 72250

 Profit ratio of X, Y, Z

 =8:7:6

 Total share of X& Y

 =72250*15/21

 =Rs.51,607

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Description : Q and K are partners in a Company. Q receives 4/7th of the capital for 9months and K received 1/5th of the profit,for how long K money used? A) 3 B) 4 C) 5 D) 6

Last Answer : Answer: A) Let total profit gained be A Profit earned by K =1/5 *A Profit earned by Q =4/5*A Ratio of Q & K profit =4/5 *A:1/5*A=4:1 Total investment be P Q receives 4/7 th of p for 9 months K receives 3/7 th of P for Y months. Ratio of K & Q is, 1/4= (3/7*P*Y)/(4/7 *P*9) =>Y= 3 months =>K

Description : P, Q, R enter into a partnership. P initially invests Rs 15000 and withdrawn Rs. 7500 after 7 months. Q initially invests Rs 12500 and withdraws Rs 10000 after 5 months and R invests Rs 10000 and adds another Rs 5000 ... after how many months did R invests Rs 10000? A) 2.5 B) 2.6 C) 2.7 D) None

Last Answer : Answer: A)  Ratio of P, Q &R is , 15000*7+7500* 8:12500*5+2500* 10:10000*x+15000*(15-x)  P: Q: R=66:35:9-2x  Profit of Q = (profit of P + profit of R)/2  35 = (66 +9 -2x)/2  X=2.5 months

Description : P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the ... Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

Last Answer : Answer: B) For managing, P received = 10% of Rs. 3700 = Rs. 370. Balance = Rs. (3700 - 370) = Rs. 3330. Ratio of their investments = (3250 x 6) : (4200 x 5) : (5000 x 3)  = 19500 : 21000 : 15000  = 13 : 14 : 10 Q's share = Rs. 3330x 14 / 37 = Rs. 1260

Description : P, Q & R enter into partnership. P invests 6 times as much as Q and Q invests two- sixth of what R invests. At the end of the year, the profit earned is Rs.7200. what is the share of Q? A) 720 B) 550 C) 670 D) 480

Last Answer : Answer: A) Let R’s capital = Rs.x Q’s capital = Rs.2x/6 = x/3 P’s capital = 6x/3 = 2x Ratio of their capitals = 2x : x/3 : x =6x:x:3x =6:1:3 Hence Q’s share = (7200*1/10) = Rs.720

Description : Tonu started a business investing Rs. 90,000. After 3 months, reetu joined him with a capital of Rs. 1,20,000. After 6 months, shalu joined them with a capital of Rs.1,80,000. At the end of the year, they made a profit of Rs.33000. find the share of shalu. A) 13200 B) 6600 C) 7500 D) 12000

Last Answer : Answer: B) Ratio of their capitals = (90000*12):(1,20,000*9): (1,80,000*3) = 2:2:1 Tonu’s share = Rs(33000*2/5) = Rs.13200 Reetu’s share = Rs(33000*2/5) = Rs.13200 Shalu’s share = Rs(33000*1/5) = Rs.6600

Description :  In a partnership P invests 2/6 th of the capital for 2/3rd of the time, Q invests 3/5th of the capital for 1/3rd of the time and R invests for 2/5th of the capital for 3/4th of the time. Out of the ... 64375at the end of the year, find R's share in the profit A) 27854. B) 23000. C) 26740. D) 25784

Last Answer : Answer: C)  Ratio of their profits  (2/6*2/3)*12: (3/5*1/3)*12: (2/5*3/4) *12 =40:36:54  R’s share =64375*54/130  =Rs.26740

Description : Ananya and bheeman started a partnership business investing some amount in the ratio of 3:7. Chandru joined them after 6 months with an equal amount of bheeman. In what proportion should thr profit at the end of 1 year be distributed among ... , and chandru? A) 5:6:7 B) 7 :12;4 C) 6:11:5 D) 6:14:7

Last Answer : Answer: D) Let the investments of ananya,bheeman be 3x and 5x Ananya : bheema : chandru = (3x*12 ) : (7x *12 ) : (7x *6) =36x : 84x :42x =6 : 14 :7