Question
G, L, and M initiated a Construction Materials business with investments of Rs. 4500, Rs. 2700, and Rs. 3600, respectively. After 3 months, G and M each added Rs. 900 to their initial investments. At the conclusion of 9 months, L, functioning as a working partner, received a commission of 10% of the profit. The remaining profit was distributed among all three partners based on their investments. If L's total share amounted to Rs. 7260, determine the total profit received by all three partners.
More Partnership Questions
- Nikhil and Saurabh started a business together by investing a total of Rs. 24000 in the ratio of 7:5, respectively. After 6 months, Nikhil increased his in...
- A business was started by A, B, and C. A’s investment was 20% more than C’s, and B’s was 80% more than C’s. If the total profit after a year is Rs. 27000, ...
- P and Q started a business by investing Rs. 2500 and Rs. 4000 respectively. After 12 months, P increased his capital by 40% and Q decreased his capital by ...
- Partners P, Q, and R started a company. P invested 36% more than R, and Q invested 54% more than R. If the total profit after a year is Rs. 42000, how much...
- Neha and Pooja started a business by investing in the ratio 5 : 4, respectively. After 6 months, Neha increased her investment by 40%, whereas Pooja withd...
- Aman and Karan started a business together by investing a total of Rs. 22000 in the ratio of 6:5, respectively. After 4 months, Aman decreased his investme...
- 'A', 'B' and 'C' started a partnership business with capital of Rs. 9000, Rs. 12000 and Rs. 15000 where all three invested for equal time. If the profit ea...
- A and B started a business by investing Rs.300 and Rs.400 respectively. After 6 months, A increased his investment by Rs.800. Find the ratio of annual prof...
- ‘R’ and ‘S’ started a business by investing Rs. 5,000 and Rs. 8,000 respectively. ‘x’ months later, they admitted ‘T’ as a partner who invested Rs. 6,000. ...
- ‘A’ and ‘B’ started a business together such that the ratio of their investment is 3:5, respectively. If ‘A’ and ‘B’ invested for 8 months and 12 months, r...
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt