Question
Three partners, R, S, and K, form a partnership business
with capitals in the ratio of 3:5:8. After four months, R, S, and K added Rs. 3000, Rs. 4500, and Rs. 6000, respectively. After the next four months, R and K withdrew Rs. 2500 and Rs. 4000, respectively, and S added an additional Rs. 3000. Two new partners, M and N, enter the business. M invested capital Rs. 3000 more than what R invested for the first four months, and N invested the same amount as K invested for the last four months. If M and N share the profit after one year in the ratio of 15:28, then find the investment of S for the last four months.Solution
 Let investment of R, S and K is Rs. 3a, Rs. 5a and Rs. 8a respectively. ATQ — Investment ratio of R, S and K = [3x × 4 + (3x + 3000) × 4 + (3x + 3000 – 2500) × 4] : [5x × 4 + (5x + 4500) × 4 + (5x + 4500 + 3000) × 4] : [8x × 4 + (8x + 6000) × 4 + (8x + 6000 – 4000) × 4] = (36x + 14000) : (60x + 48000) : (96x + 32000) Investment of M = Investment of R for first four months + 3000 = (3x + 3000) Investment of N = Investment of K for last four months = (8x + 6000 – 4000) ATQ —  (3a + 3000) x 12/(8a + 2000) x 12 = 15/28 10a - 7a = 7000 – 25000 3a = 4500 a = Rs 1500 S invested for last four months = (5a + 4500 + 3000) = (5 × 1500 + 4500 + 3000) = Rs.15000
Who has been elected as the non – executive chairman of India bulls Housing Finance in August 2020?
Mohenjodaro site of Harappan civilisation is situated on the bank of which river?
What was India's rank in the Asia-Pacific Personalised Health Index released by the Economist Intelligence Unit in January 2021?
Competition Act 2002 is the replacement of which of the following Act?
Which commission recommended reforms in Centre-State financial relations?
Who is the captain of West Indies ODI and T20 cricket team?
Who is the nodal agency for Saubhagya Scheme?
_____________ is one of the most important festivals of Kamakhya temple of Guwahati. It is held every year during the monsoon (mid-June) season, when th...
When was the Hindustan Republican Association formed?
Ibrahim Lodi was defeated by ________ in the battle of Panipat.