πŸ“’ Too many exams? Don’t know which one suits you best? Book Your Free Expert πŸ‘‰ call Now!

  • google app store apple app store
  • βœ–

      Question

      Sonia and Isha started a business with investments of

      Rs. 3100 and Rs. 2300, respectively. Four months into the business, Jai joined them with an investment of Rs. 4100. By the year's end, Jai's share of the profit amounted to Rs. 1640. Calculate the difference in profit share between Sonia and Isha.
      A Rs.270 Correct Answer Incorrect Answer
      B Rs.320 Correct Answer Incorrect Answer
      C Rs.480 Correct Answer Incorrect Answer
      D Rs.240 Correct Answer Incorrect Answer
      E none of these Correct Answer Incorrect Answer

      Solution

      ATQ, Ratio of profit shares of Sonia, to that of Isha, and to that of Jai = (3100 Γ— 12) : (2300 Γ— 12) : (4100 Γ— 8) = 93:69:82. Let the profit share of Sonia, Isha, and Jai be Rs. '93a', Rs. '69a', and Rs. '82a', respectively. ATQ: 82a = 1640 Or, 'a' = (1640 / 82) = 20 So, difference between profit shares of Sonia and Isha = 93a - 69a = 24a = 24 Γ— 20 = Rs. 480

      Practice Next

      Relevant for Exams:

      ask-question