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  • Question
  • K and L start a business jointly. K invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit L claims 2/7th share. How much money is contributed by L?


  • Options
  • A. Rs. 13,204
  • B. Rs. 14,521
  • C. Rs. 12,800
  • D. Rs. 15,000

  • Correct Answer
  • Rs. 12,800 

    Explanation

    Given share of L is 2/7 th of profit. Then, their profits are divided in to 5:2 ratio.

    Ratio of K and L is


    16000 × 8 x × 4 = 5 2


    x = Rs. 12,800.

  • Tags: GRE, GATE, CAT, Bank Exams, AIEEE, Bank PO, Bank Clerk, Analyst

    Partnership problems


    Search Results


    • 1. Karan started a business investing Rs 29000. After five months, Satish joined with a capital of Rs 18000. If at the end of the year, they earn a profit of Rs. 16970, then what will be the share of Satish in the profit ?

    • Options
    • A. Rs. 5422
    • B. Rs. 5489
    • C. Rs. 4511
    • D. Rs. 6145
    • Discuss
    • 2. 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?

    • Options
    • A. 16547
    • B. 17212
    • C. 14875
    • D. 27848
    • Discuss
    • 3. 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 ?

    • Options
    • A. Rs. 90500
    • B. Rs. 87500
    • C. Rs. 88900
    • D. Rs. 90000
    • Discuss
    • 4. 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?

    • Options
    • A. 4530
    • B. 4440
    • C. 4360
    • D. 4280
    • Discuss
    • 5. 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 ?

    • Options
    • A. 11/3
    • B. 2/13
    • C. 3/11
    • D. 13/4
    • Discuss
    • 6. Vishal invested 10% more than Trishul. Trishul invested 10% less than Raghu. If the total sum of their investments is Rs. 5780, how much amount did Raghu invest ?

    • Options
    • A. Rs.2010
    • B. Rs.2200
    • C. Rs.2000
    • D. Rs.2100
    • Discuss
    • 7. Rushi and Arun are two business partners. They invest their capital in the ratio 7 : 9. After 6 months, a third person Ram joins them with a capital of two third of that of Arun. After a year, profit share of Rushi was Rs. 5600, then find total profit?

    • Options
    • A. 26,250
    • B. 19,200
    • C. 18,650,
    • D. 15,200
    • Discuss
    • 8. Two persons K and L enter into a business by investing their sum in the ratio of 7 : 9. After 7 months, L leaves the business. After eleven month, if total profit is Rs. 2460, what is the profit share of L (in Rs)?

    • Options
    • A. Rs, 1109
    • B. Rs. 1107
    • C. Rs. 1111
    • D. Rs. 1113
    • Discuss
    • 9. Rs. 2018 are to be divided among P, Q and R in such a way that if P gets Rs. 5 then Q must get Rs. 12 and if Q gets Rs. 4 then R must get Rs. 5.50. The share of R will exceed that of Q by

    • Options
    • A. Rs. 127
    • B. Rs. 271
    • C. Rs. 721
    • D. Rs. 217
    • Discuss
    • 10. Dileep started a business with a capital of Rs. 8000. After six months, Narender joined him with some investment. If at the end of the year each of them gets equal amount as profit, how much did Narender invest in the business?

    • Options
    • A. 24000
    • B. 16000
    • C. 12000
    • D. 32000
    • Discuss


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