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

  • google app store apple app store

    • Question

      Two persons, Abhiram and Abhishek, invested ₹ 24,000

      and ₹ 28,000, respectively, in a business. Abhiram, being an active partner, gets ₹ 425 extra every month for running the business. In 3 years, if Abhiram receives a total of ₹ 21,000, then what is the profit earned by Abhishek in 3 years?
      A ₹ 6,650 Correct Answer Incorrect Answer
      B ₹ 6,850 Correct Answer Incorrect Answer
      C ₹ 6,250 Correct Answer Incorrect Answer
      D ₹ 6,525 Correct Answer Incorrect Answer

      Solution

      Ratio of profit = 24000 × 36 : 28000 × 36 = 6 : 7 Abhiram, being an active partner, gets ₹ 425 × 36 = Rs. 15300 Actual profit earned by Abhiram = 21000 – 15300 = 5700 Therefore, share of Abhishek = 5700 × 7/6 = Rs. 6650

      Practice Next
      ask-question