Home » Aptitude » Partnership

A & B invest Rs. 1,16,000 & 1,44,000 respectively. B invests for 6 months. At the end of the year, B’s share is Rs. 9000, find the overall profit?

Rs. 23,500
Rs. 19,780
Rs. 21,700
Rs. 20,050

Correct Answer: Rs. 23,500

Explanation:

Given A & B in partnership

A Invests 116000 for 12 months

=> A's share = 116000 x 12 = 13,92,000

B Invests for 6 months

=> B's share = 144000 x 6 = 8,64,000

Their Ratio = 1392 : 864 = 29 : 18

Let the Annual profit = P

Given B's share = Rs. 9000

=> 18/47 x P = 9000

=> P = 9000 x 47/18

=> P = 23,500

Hence, Overall profit = P = Rs. 23,500

← Previous Question Next Question→

More Questions from Partnership

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 ?
Rs.1200 divided among P, Q and R. P gets half of the total amount received by Q and R. Q gets one-third of the total amount received by P and R. Find the amount received by R ?
Rohith started a business by investing Rs. 3600. After somedays, Puneeth joined him by investing Rs. 2400. At the end of one year, the profit was divided in the ratio 2 : 1. After how many months did Puneeth join the business?
K and L start the business, with L investing the total capital of Rs. 40,000 on the condition that K pays L interest @ 8% per annum on his half of the capital. L is a working partner and receives Rs.1200 per month from the total profit and any profit reamaining is equally shared by both of them. At the end of the year, it was found that the income of L is twice that of K. Find the total profit for the year ?
A and B entered into a partnership investing Rs. 13,000 and Rs. 12,000 respectively.After 3 months, A withdrew Rs. 5000 while B invested Rs. 5000 more, After 3 more months, C joins the business with a capital of Rs. 21,000, The share of B exceeds that of C, out of a total profit of Rs. 26,400 after one year by
A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?
Three friends had dinner at a restaurant. When the bill was received, Akshitha paid 2/3 as much as Veena paid and Veena paid 1/2 as much as Lasya paid. What fraction of the bill did Veena pay ?
Three milkmen rented a pasture. A grazed 24 cows for 4 months; B 10 cows for 6 months; C 56 cows for 5 months. If A's share of rent is Rs. 960, find the total rent of the field?
R enter into a partnership in the ratio 2 : 3 : 5 . After 2 months, P increases his share 20% and Q by 10%. If the total profit at the end of one year is Rs 1,90,500, what amount will 'R' receive at the end of year as share in profit ?
Arun, Bharat and Chari started a business in a partnership with investment of Rs 12000, Rs 26000 and Rs 32000 respectively. After 4 months Arun leaves. After 6 months Bharat leaves and Arun joins with an amount equal to his earlier investment. After 10 months, Chari leaves and Bharat joins with his prior investment. At the end of the year they earn a profit of Rs 53622. Find the share of chari in the annual profit?

Discussion & Comments

No comments yet. Be the first to comment!

Join Discussion