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

      Ritu and Manav start a partnership with Rs. 3000 and Rs.

      4500. 50% of the profit is shared equally; the rest is in the ratio of their investments. If Manav receives Rs. 150 more than Ritu, find the total profit (in Rs.).
      A Rs.2000 Correct Answer Incorrect Answer
      B Rs.1500 Correct Answer Incorrect Answer
      C Rs.1200 Correct Answer Incorrect Answer
      D Rs.2080 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Ratio: Ritu : Manav = 3000 : 4500 = 2 : 3 Let, total profit be Rs. 4x. Equal part per person = x. From the ratio part (2x): Ritu = (2/5)Β·2x = 4x/5, Manav = (3/5)Β·2x = 6x/5 Totals: Ritu = x + 4x/5 = 9x/5 Manav = x + 6x/5 = 11x/5 Difference: (11x/5) βˆ’ (9x/5) = (2x/5) = 150 β‡’ x = 150 Γ— (5/2) = 375 Total profit = 4x = Rs. 1500

      Practice Next

      Relevant for Exams:

      ask-question