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
- Nitin, Rahul, and Anjali started a business with initial investments in the ratio 5:6:7 respectively. After one year, Anjali, Nitin, and Rahul made additio...
- A and B together start a business with investment of Rs. 1800 and Rs. (x + 900), respectively. If the profit earned after 5 years is Rs. 7000 and share of ...
- A and B started a retail store with initial investments in the ratio 5:6 and their annual profits were in the ratio 2:3. If A invested the money for 4 mont...
- Two partners A and B invested Rs. 900 and Rs. ‘m’ respectively in a business. B withdrew after 6 months. If A got Rs. 3600 from a total yearly profit of Rs...
- Entrepreneurs 'R' and 'M' ventured into a business together, contributing capital in the ratio of 4:3. The time periods for which 'R' and 'M' invested are ...
- Arun and Meena start a business with investments in the ratio 7:3 respectively. After 4 months, Neha joins with an amount equal to the average of both. If ...
- Ram started a business with the capital investing Rs 6000. After 3 months Shyam also joined him, with the capital investing Rs 4000. They make a profit of ...
- A and B start a business. A invests Rs 60,000 for the whole year. B joins after 4 months and invests for the remaining 8 months. At the end of the year, th...
- Karim invested Rs. 20,000 in a business whereas Neel invested 50% more than the amount invested by Karim. If the ratio of time period of investments of Kar...
- A and B invested Rs.3000 and Rs.6000 in a business respectively and after 5 months B withdrawn 50% of his initial investment and again after 5 months he re...
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
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)