Aman started a business investing Rs. 70,000. Rakhi joined him after six months

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Question
Aman started a business investing Rs. 70,000. Rakhi joined him after six months with an amount of Rs.. 1,05,000 and Sagar joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Aman, Rakhi and Sagar respectively, 3 years after Aman started the business?
Options
A. 7 : 6 : 10
B. 12 : 15 : 16
C. 42 : 45 : 56
D. Cannot be determined

Correct Answer

12 : 15 : 16

Explanation

Aman : Rakhi : Sagar = (70,000 x 36) : (1,05,000 x 30) : (1,40,000 x 24) = 12 : 15 : 16.

Partnership problems

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1. A and B started a business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B's share in 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. 9000
C. Rs. 9500
D. Rs. 10,000

2. A starts business with Rs. 3500 and after 5 months, B joins with A as his partner. After a year, the profit is divided in the ratio 2 : 3. What is B's contribution in the capital?
Options
A. Rs. 7500
B. Rs. 8000
C. Rs. 8500
D. Rs. 9000

3. A, B and C enter into a partnership in the ratio 7⁄2 : 4⁄3 : 6⁄5. After 4 months, A increases his share 50%. If the total profit at the end of one year be Rs. 21,600, then B's share in the profit is:
Options
A. Rs. 2100
B. Rs. 2400
C. Rs. 3600
D. Rs. 4000

4. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum (in Rs.) is:
Options
A. 625
B. 630
C. 640
D. 650

5. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
Options
A. Rs. 1550
B. Rs. 1650
C. Rs. 1750
D. Rs. 2000

6. A and B started a partnership business investing some amount in the ratio of 3 : 5. C joined then after six months with an amount equal to that of B. In what proportion should the profit at the end of one year be distributed among A, B and C?
Options
A. 3 : 5 : 2
B. 3 : 5 : 5
C. 6 : 10 : 5
D. Data inadequate

7. Arun, Kamal and Vinay invested Rs. 8000, Rs. 4000 and Rs. 8000 respectively in a business. Arun left after six months. If after eight months, there was a gain of Rs. 4005, then what will be the share of Kamal?
Options
A. Rs. 890
B. Rs. 1335
C. Rs. 1602
D. Rs. 1780

8. A and B invest in a business in the ratio 3 : 2. If 5% of the total profit goes to charity and A's share is Rs. 855, the total profit is:
Options
A. Rs. 1425
B. Rs. 1500
C. Rs. 1537.50
D. Rs. 1576

9. A, B, C rent a pasture. A puts 10 oxen for 7 months, B puts 12 oxen for 5 months and C puts 15 oxen for 3 months for grazing. If the rent of the pasture is Rs. 175, how much must C pay as his share of rent?
Options
A. Rs. 45
B. Rs. 50
C. Rs. 55
D. Rs. 60

10. A began a business with Rs. 85,000. He was joined afterwards by B with Rs. 42,500. For how much period does B join, if the profits at the end of the year are divided in the ratio of 3 : 1?
Options
A. 4 months
B. 5 months
C. 6 months
D. 8 months

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