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.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
Which Bank has been named “Banker’s Bank of the Year 2022” for the Indian segment of the Global Banking Summit?
- What is the targeted coverage of irrigation potential under the M-CADWM sub-scheme?
The first trilateral power transaction inaugurated on November 15, 2024, via the Indian power grid, involved which countries?
Prime Minister Shri Narendra Modi on 11 December 2022, flagged off 6th Vande Bharat Express connecting Nagpur and which of the following city?
As per the latest update in February 2025, what is the target for ethanol blending in petrol by 2025 under the Ethanol Blending Program (EBP)?
What is the focus of Kerala’s draft heli -tourism policy?
How many science nodes will be connected by the INCOIS submarine cable in the Indian Ocean?
- Which Indian PSU is the first to use Paste Fill Technology in coal mines?
- What approval did Paytm Money receive from SEBI in March 2025?
What percentage of India’s digital payments were processed through UPI in 2024?
Relevant for Exams:
Hey, Don't leave. If you have any queries regarding any exam let us know here.
