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

  • google app store apple app store
  • ✖

      Question

      'Asmita,' 'Bikshu,' and 'Chetna' jointly invested Rs.

      12000, Rs. 20000, and Rs. 15000 in a construction business. After 8 months, 'Asmita' withdrew Rs. 2000, 'Bikshu' withdrew Rs. 10000, and 'Chetna' withdrew Rs. 5000 from their respective investments. If the profit received by 'Asmita' and 'Bikshu' together at the end of the year is Rs. 6300, determine the profit received by 'Chetna.'
      A Rs.1000 Correct Answer Incorrect Answer
      B Rs.2500 Correct Answer Incorrect Answer
      C Rs.5000 Correct Answer Incorrect Answer
      D Rs.3000 Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      ATQ, Ratio of the profits received by ‘Chetna’= {(12000 × 8) + (10000 × 4)}:{(20000 × 8) + (10000 × 4)}:{(15000 × 8) + (10000 × 4)} = 17:25:20 Therefore, profit received by ‘Chetna’ = 6300 × {20/(17 + 25)} = Rs.3000

      Practice Next
      More Partnership Questions
      ask-question