📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      Atul and Brijesh started a business by investing Rs

      16,000 and Rs 20,000 respectively. At the end of 4th month of the business, Chetan joins with Rs 18,000. At the end of 6th month, Brijesh quits and withdraws all his invested amount and Chetan invests Rs 2,000 more. At the end of 10th month, Brijesh rejoins with the same amount of investment. If profit at the end of the year is Rs 25,400, what is Brijesh’s share in the profit?
      A Rs 10,000 Correct Answer Incorrect Answer
      B Rs 8,000 Correct Answer Incorrect Answer
      C Rs 12,000 Correct Answer Incorrect Answer
      D Rs 16,000 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Ratio of Atul : Brijesh : Chetan’s investments = (16,000 x 12) : (20,000 x 6 + 20,000 x 2 ): (18,000 x 2 + 20,000 x 6) = 1,92,000 : 1,60,000 : 1,56,000 = 48 : 40 : 39 Net profit after a year = Rs 25,400(given) Brijesh’s share = 40/(48 + 40 + 39) x 25,400 = 40/127 x 25,400 = Rs 8,000

      Practice Next

      Relevant for Exams:

      ask-question