ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    'Aditi' and 'Misti' embarked on a business venture,

    initially investing sums denoted as 'm' and 'm + 3000', respectively. Four months later, 'Aditi' chose to amplify her investment by an additional Rs. 3,000, whereas 'Misti' opted to withdraw Rs. 2,000 from his initial capital. As the year concluded, 'Aditi' claimed her share of the profit, amounting to Rs. 42,000, out of a total profit pool of Rs. 83,000. Could you ascertain the initial capital 'Misti' invested in this enterprise?
    A Rs.15,000 Correct Answer Incorrect Answer
    B Rs.15,020 Correct Answer Incorrect Answer
    C Rs.15,500 Correct Answer Incorrect Answer
    D Rs.12,000 Correct Answer Incorrect Answer
    E none of these Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit shares of тАШAditiтАЩ and тАШMistiтАЩ = {(4 ├Ч m) + 8 ├Ч (m + 3000)}:{4 ├Ч (m + 3000) + 8 ├Ч (m + 3000 тАУ 2000)} = 3(m + 2000):(3m + 5000) Profit share of тАШMistiтАЩ = 83000 тАУ 42000 = Rs. 41,000 ATQ; {3 ├Ч (m + 2000)}/{3m + 5000} = (42000/41000) 41 ├Ч (m + 2000) = 14 ├Ч (3m + 5000) Or, 41m + 82000 = 42m + 70000 Or, m = 12000 So, investment made by тАШMistiтАЩ initially = 12000 + 3000 = Rs.15,000

    Practice Next
    More Partnership Questions
    ask-question