๐Ÿ“ข Too many exams? Donโ€™t know which one suits you best? Book Your Free Expert ๐Ÿ‘‰ call Now!

  • google app store apple app store
  • โœ–

      Question

      Radha started a dairy farm by investing Rs. 80,000.

      After 4 months, Krishna joined her, contributing Rs. 1,20,000 to the investment. At the end of one year, they earned a total profit of Rs. 60,000. If 40% of the profit is allocated to Radha for managing the entire farm, and the remaining 60% is distributed between Radha and Krishna based on their respective investments, what is Radhaโ€™s total share of the profit?
      A Rs. 18000 Correct Answer Incorrect Answer
      B Rs. 24000 Correct Answer Incorrect Answer
      C Rs. 36000 Correct Answer Incorrect Answer
      D Rs. 42000 Correct Answer Incorrect Answer
      E Rs. 48000 Correct Answer Incorrect Answer

      Solution

      Ratio of share in profit = (80000 ร— 12): (120000 ร— 8) = 1: 1 Profit of Radha for taking care of entire farm = 0.4 ร— 60000 = Rs. 24000 Share of Radha in remaining profit = (1/2) ร— (60000 โ€“ 24000) = (1/2) ร— 36000 = Rs. 18000 Therefore, total share of Radha = 24000 + 18000 = Rs. 42000

      Practice Next
      ask-question