Three friends, P, Q and R started a partnership business investing money in the

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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

Correct Answer

Both A & B gives result

Explanation

a and b give, profit after 3 years = Rs.(3/8 x 22000) = Rs.8250.

From c also, profit after 3 years = Rs. (2750 x 3) = Rs. 8250.

? P's share = Rs.(8250 x 5/11) = Rs. 3750.

Thus, (either C is redundant) or (a and b are redundant).

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1. 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

2. 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

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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

9. k, l, m together started a business. k invested Rs.6000 for 5 months l invested Rs.3600 for 6 months and m Rs.7500 for 3 months. If they get a total profit of Rs.7410. Find the share of l ?
Options
A. Rs. 1640
B. Rs. 2500
C. Rs. 2160
D. Rs. 3000

10. Three partners A, B and C share profit such that three times the share of A is equal to two times the share of B and equal to 12 times the share of C. What is the ratio of the profits of A, B and C respectively?
Options
A. 3 : 2 : 12
B. 12 : 2 : 3
C. 4 : 6 : 1
D. 1 : 6 : 4

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