New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Aman and Suman entered into a partnership with

    investment of Rs.24500 and Rs.34000 respectively. At the end of one year, Aman invested Rs.2500 more. After one more year Sujit joined them by investing Rs.56000. At the end of 5 years from the start of partnership, they earned a total profit of Rs.282300. 15% of the total profit goes to a trust and rest of the profit is distributed among them as per the share of their investment. Find the share of Aman in the profit.
    A Rs.57575 Correct Answer Incorrect Answer
    B Rs.45875 Correct Answer Incorrect Answer
    C Rs.67575 Correct Answer Incorrect Answer
    D Rs.59575 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of share in the profit:

    Aman : Suman : Sujit = (24500 + 27000 x 4) : (34000 x 5) : (56000 x 3)

    = 132500 : 170000 : 168000

    = 265 : 340 : 336

    Share of Aman in the profit = 265/(265 + 340 + 336) x (100 - 15)/100 x 282300

    = 265/941 x 85/100 x 282300

    = Rs.67575

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