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  • Question
  • Madhu started a business and he invested in 76000, After some month, Amar came to join with him and invest 57000.The end of the year the total profit was divided among them into ratio form 2 : 1.Find after how many months Amar join.


  • Options
  • A. 7 months
  • B. 8 months
  • C. 3 months
  • D. 4 months

  • Correct Answer
  • 4 months 

    Explanation

    we can assume that Amar join into business after x months. So Amar money was invest into  (12 ? x ) months.

     

    76000 × 12 57000 × ( 12 - x ) = 2 1

     

    --> 912000 = 114000 ( 12 ? x ) = 114 ( 12 ? x ) = 912

    --> x = 4


    After 4 months amar join the business.

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

    Partnership problems


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    • 1. 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 ?

    • Options
    • A. Rs. 7500
    • B. Rs. 4520
    • C. Rs. 8750
    • D. Rs. 6350
    • Discuss
    • 2. A began a business with Rs. 85000. He was joined afterwards by B with Rs. 42,500. For how much perod does B join, if the profits at the end of the year are divided in the ratio of 3:1 ?

    • Options
    • A. 8 months
    • B. 6 months
    • C. 7 months
    • D. 9 months
    • Discuss
    • 3. Rs.1500 is divided into two parts such that if one part is invested at 6% and the other at 5% the whole annual interest from both the sum is Rs.85. How much was lent at 5% ?

    • Options
    • A. 500
    • B. 600
    • C. 450
    • D. 550
    • Discuss
    • 4. A and B started a business after investing Rs. 12,000 and Rs. 14,400 respectively. At the end of the year B gets 12% of the total profit as management fees and the rest amount is distributed between both the partners in the ratio of their investments. If total annual profit is Rs. 7,500, then find the difference between their profits.

    • Options
    • A. Rs. 1250
    • B. Rs. 600
    • C. Rs. 900
    • D. Rs. 1500
    • Discuss
    • 5. Rs 60500 is divided among A, B and C such that A receives 2/9 as much as B and C together and B receives 3/7 of as much as A and C together. What is the share of C (in Rs)?

    • Options
    • A. 29850
    • B. 30120
    • C. 31350
    • D. 37250
    • Discuss
    • 6. Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit ?

    • Options
    • A. 12,421
    • B. 9,423
    • C. 11,600
    • D. 10,500
    • Discuss
    • 7. Three friends, P, Q and R started a partnership business investing money in the ratio of 5 : 4 : 2 respectively for a period of 3 years. What is the amount received by P as his share in the total profit ? a. Total amount invested in the business in Rs. 22,000. b. Profit earned at the end of 3 years is 3/8 of the total investment. c. The average amount of profit earned per year is Rs. 2750.

    • Options
    • A. Only c is sufficient
    • B. Both a & b are sufficient
    • C. Both A & B gives result
    • D. None
    • Discuss
    • 8. 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 ?

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

    • Options
    • A. Rs. 9040
    • B. Rs. 10,400
    • C. Rs. 12,800
    • D. Rs. 6350
    • Discuss
    • 10. Vishal and Raghu jointly started a business. Vishal invested three times as Raghu did and invested his money for double time as compared to Raghu. Raghu earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was ?

    • Options
    • A. Rs. 28,000
    • B. Rs. 18,000
    • C. Rs. 14,000
    • D. Rs. 8,000
    • Discuss


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