Question
βXβ and βZβ began a business with investments of
Rs. 5,500 and Rs. 11,000 respectively. After 5 months, βYβ entered the business contributing Rs. 6,600. 7 months later, βZβ withdrew his full capital. At the end of 24 months, if Yβs profit share is Rs. 1,320, what is the total profit share of X and Z?Solution
ATQ,
Ratio of profit shares of X, Y, and Z respectively = (5500 Γ 24) : (6600 Γ 19) : (11000 Γ 12) = 132000 : 125400 : 132000 = 44 : 41.8 : 44 (approx) β Letβs simplify directly: To make it simple, let's divide all by 11: = 12000 : 11400 : 12000 = 10 : 9.5 : 10 So, total parts = 10 + 9.5 + 10 = 29.5 Yβs share = 9.5 parts = Rs. 1,320 β 1 part = 1320 / 9.5 = Rs. 139. Sum of X and Zβs shares = (10 + 10) parts = 20 parts β 20 Γ 139 = Rs. 2,780
Sara deposited Rs. 18,000 into an investment that offers a compound interest rate of 20% per annum, with semi-annual compounding. Calculate the interest...
Raj invests a certain amount, which grows to Rs. 7,200 at the end of 2 years and further increases to Rs. 8,640 at the end of 3 y...
A property dealer bought a rectangular plot in Noida five years ago at the rate of Rs. 1000 thousand per square meter, the cost of plot increases by 5% ...
Digvijay takes a loan of βΉ25,000 at an annual compound interest rate of 10%. He repays βΉ4,000 at the end of each year. How much should he pay at the...
The compound interest on a certain sum in 2.5 years at 10% p.a., interest compounded yearly, is 1,623. The sum is:
A sum of money invested at a certain rate of compound interest per annum amounts to βΉ86,800 in 2 years and to βΉ95,4800 in 3 years. Find the rate of ...
A man invests βΉ50,000 in a scheme offering compound interest at 10% per annum, compounded annually. He withdraws βΉ25,000 after 2 years. If he lets t...
A sum of money amounts to βΉ12,960 in 2 years at compound interest. If the rate of interest is 10% per annum, what is the principal amount?
A sum of money is invested at a rate of 12% per annum compound interest for 2 years. If the total amount after 2 years is βΉ11,520, what is the princip...
Raman invested Rs. 70,000 in a bank offering 10% compound interest per annum for 2 years. After 2 years, he used the total amount to start a business wi...