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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


  • More questions

    • 1. 
      A and B together can complete a work in 3 days. They started together but after 2 days, B left the work. If the work is completed after 2 more days, B alone could do the work in how many days?

    • Options
    • A. 5
    • B. 6
    • C. 7
    • D. 10
    • Discuss
    • 2. 
      A wheel makes 1000 revolutions in covering a distance of 88 km. the diameter of the wheel is?

    • Options
    • A. 24 meters
    • B. 40 meters
    • C. 28 meters
    • D. 14 meters
    • Discuss
    • 3. 25, 36, 49, 81, 121, 169, 225

    • Options
    • A. 36
    • B. 49
    • C. 121
    • D. 169
    • Discuss
    • 4. 
      (.896 x .752 +.896 x .248) / (.7 x .034 + .7 x.966) =?

    • Options
    • A. 1.28
    • B. 0.976
    • C. 12.8
    • D. 9.76
    • Discuss
    • 5. 
      Einstein goes from Ahmedabad To Lucknow at the speed of 40 km/hr and returned at the speed of 60 km/hr .the average speed of Einstein during the whole journey is

    • Options
    • A. 48 km/hr
    • B. 24 km/hr
    • C. 50 km/hr
    • D. none of these
    • Discuss
    • 6. 
      Today is Monday. After 61 days, it will be

    • Options
    • A. Wednesday
    • B. Saturday
    • C. Tuesday
    • D. Thursday
    • Discuss
    • 7. 9548 + 7314 = 8362 + (?)

    • Options
    • A. 8230
    • B. 8410
    • C. 8500
    • D. 8600
    • E. None of these
    • Discuss
    • 8. 
      The true discount on a certain sum due 1 yr hence at 30% per annum, is ? 240. What is the banker' discount on the same sum for the same time and at the same rate?

    • Options
    • A. ? 400
    • B. ? 212
    • C. ? 312
    • D. ? 445
    • Discuss
    • 9. 
      Calendar of month July is same as that of which month of previous year.

    • Options
    • A. May
    • B. September
    • C. April
    • D. None of these
    • Discuss
    • 10. 
      A coin is successively tossed two times. Find the probability of getting? (1) exactly one head (2)at least one head

    • Options
    • A. 1/2 , 3/4
    • B. 2/3, 1/4
    • C. 1/4, 4/5
    • D. 1/2, 2/3
    • Discuss


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