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    Question

    β€˜A’ and β€˜B’ started a business by investing

    Rs.7500 and Rs. 9000, respectively. 4 months later, β€˜C’ joined them with an investment equal to average of initial investment made by β€˜A’ and β€˜B’ together. If at the end of the year, B’s profit share out of the total profit was Rs. 36,000, then find the profit share of β€˜C’.
    A Rs. 6000 Correct Answer Incorrect Answer
    B Rs. 22000 Correct Answer Incorrect Answer
    C Rs. 33000 Correct Answer Incorrect Answer
    D Rs. 20250 Correct Answer Incorrect Answer
    E Rs. 18750 Correct Answer Incorrect Answer

    Solution

    ATQ; Amount invested by β€˜C’ = [(7500 + 9000)/2] = Rs. 8250 Profit shares of ’A’, β€˜B’ and β€˜C’, respectively at the end of the year = [(7500 Γ— 12): (9000 Γ— 12):(8250 Γ— 8)] = 15:18:11 Let the total profit received by β€˜A’, B’ and β€˜C’ at the end of the year be Rs. β€˜P’ Profit share of β€˜B’ = 36000 = (18/44) Γ— P => P = 36000 Γ— (44/18) = 88000 Profit share of β€˜C’ = 88000 Γ— (11/44) = Rs. 22000

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