Karim invests Rs. 30,000 for one year. What amount should Raunaq invest for one year so that the profit ratio (Karim : Raunaq) is 2 : 3?

Aptitude Partnership Difficulty: Easy
Choose an option
  • A
    Rs. 20000
  • B
    Rs. 40000
  • C
    Rs. 45000
  • D
    Rs. 18000

Answer

Correct Answer: Rs. 45000

Explanation

Introduction / Context: With equal time periods, profit shares are simply proportional to invested capital. We are given the desired profit ratio and Karim’s capital, and must find Raunaq’s capital accordingly.

Given Data / Assumptions:

  • Karim: Rs. 30,000 for 1 year.
  • Desired profit ratio Karim : Raunaq = 2 : 3.
  • Time for both partners is equal, so ratio equals capitals.

Concept / Approach: Set 30,000 : x = 2 : 3 and solve for x using cross-multiplication.

Step-by-Step Solution: 30,000 / x = 2 / 3. Cross-multiply: 2x = 90,000 ⇒ x = 45,000. Therefore, Raunaq must invest Rs. 45,000.

Verification / Alternative check: Capitals 30,000 and 45,000 form the ratio 2 : 3; profits will follow the same ratio since time is identical.

Why Other Options Are Wrong: Rs. 20,000, Rs. 40,000, and Rs. 18,000 do not yield the 2 : 3 ratio with 30,000.

Common Pitfalls: Using 3 : 2 instead of 2 : 3 or forgetting that equal time periods eliminate the need for time weighting.

Final Answer: Rs. 45000

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