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  • Question
  • Two partners invest ? 125000 and ? 85000, respectively in a business and agree that 60% of the profit should be divided equally between them and the remaining profit is to be treated as interest on capital. If one partner gets ? 600 more than the other, find the total profit made in the business.


  • Options
  • A. ? 8800
  • B. ? 8885
  • C. ? 8995
  • D. ? 7875

  • Correct Answer
  • ? 7875 

    Explanation

    The difference counts only due to 40% of the profit which was distributed according to their investments.

    Let total profit = R.
    40% of R is distributed in the ratio, 125000 : 85000 = 25 : 17

    Share of 1st partner = 40% of R x25/(25 + 17)
    = 40% of 25R/42 = (40/100) x (25R/42) = 5R/21

    Share of 2nd partner
    = 40% of 17R/42 = (40/100) x (17R/42) = 17R/105

    Now according to the question
    5R/21 - 17R/105 = 600
    ? R(25 - 17)/105 = 600
    ? R = (600 x 105)/8
    = ? 7875


  • Partnership problems


    Search Results


    • 1. 
      A and B entered a partnership investing ? 16000 and ? 12000, respectively. After 3 months A takes out ? 5000, while B puts in ? 5000 more. After 3 months more. C joins the business with a capital of ? 21000. After a year, they earned a profit of ? 13200. By what value does the share of B exceeds the share of C?

    • Options
    • A. ? 1600
    • B. ? 1800
    • C. ? 2100
    • D. ? 2300
    • Discuss
    • 2. 
      A and B started a joint business. A's investment was thrice the investment of B and the period of his investment was twice the period of investment of B. If B got ? 6000 as profit, then what will be the 20% of total profit?

    • Options
    • A. ? 5000
    • B. ? 8400
    • C. ? 3500
    • D. ? 4500
    • Discuss
    • 3. 
      Amitabh, Brijesh and Kamlesh enter a partnership with shares in the ratio of 7/2 : 4/3 : 6/5. After 4 months, Amitabh increases his share by 50% If the total profit at the end of the year be ? 21600, what will be the share of Brijesh in the profit?

    • Options
    • A. ? 8000
    • B. ? 12000
    • C. ? 4000
    • D. ? 7000
    • Discuss
    • 4. 
      Amit and Brijesh started a business with initial investments in the ratio of 12 : 11 and their annual profits were in the ratio of 4 : 1. If Amit invested the money for 11 months, then for what time Brijesh invested the money?

    • Options
    • A. 9 months
    • B. 3 months
    • C. 5 months
    • D. 10 months
    • Discuss
    • 5. 
      A and B invest ? 3000 and ? 4000, respectively in a business. A receives ? 10 per month out of the profit as a remuneration for running the business and the rest of the profit is divided in proportion to the investments. If in a year A totally receives ? 390, what does B receive?

    • Options
    • A. ? 630
    • B. ? 360
    • C. ? 480
    • D. ? 380
    • Discuss
    • 6. 
      In a mixture of 45 liters, the ratio of milk and water is 4:1. How much water must be added to make the mixture ratio 3:2?

    • Options
    • A. 72 litres
    • B. 24lLitres
    • C. 15 litres
    • D. 1.5 litres
    • Discuss
    • 7. 
      In a class of 30 students , the average weight of boys is 20 kg and the average weight of the girls is 25 kg . The fraction of boys out of the total students of the class is

    • Options
    • A. 4/5
    • B. 5/6
    • C. 3/4
    • D. Data insufficient
    • Discuss
    • 8. 
      In what ratio should milk and water be mixed so that after selling the mixture at the cost price a profit of 50/3 % is made?

    • Options
    • A. 1:2
    • B. 6:1
    • C. 2:3
    • D. 2:5
    • Discuss
    • 9. 
      Two solution of 90% and 97% purity and mixed resulting in 21 liters of mixture of 94% purity. How much is the quantity of the first solution in the resulting mixture?

    • Options
    • A. 15 litres
    • B. 12 litres
    • C. 9 litres
    • D. 6 litres
    • Discuss
    • 10. 
      In what proportion must tea at Rs. 62 per kg be mixed with tea at Rs. 72 per kg in order to obtain the mixture worth Rs. 65 per kg?

    • Options
    • A. 4: 6
    • B. 7: 3
    • C. 2: 3
    • D. 4: 7
    • Discuss


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