Question
Bittu, Tittu and Mitthu invested Rs. 80000, Rs. 100000 and Rs. 120000 respectively to start a business . Partnership condition is that, each will get interest on his capital at the rate of 15% per annum and the remaining profit will be divided in the ratio of their capitals. If at the end of the year the total profit is Rs. 59250, then find the share of Mitthu on profit?
More Simple and compound interest Questions
- A certain sum of money becomes 3000 in 6 years and Rs. 4000 in 10 years at any certain rate of simple interest. Find the principal amount.
- A sum of Rs. 20000 was invested in a scheme. The rate of simple interest offered for three years was 10%, 6% and 4% per annum respectively. After three yea...
- A certain sum when invested at compound interest of 5% p.a. amounts to Rs. 4410.25 in 2 years. Find the amount received when the same sum is invested at 15...
- A certain sum gives the interest equals to 3/5th of the sum when invested for 5 years at simple interest. Find the rate of simple interest.
- A company declared 20% discount for wholesale buyers on an item. A wholesaler bought the item from the company for ₹400 after getting a discount. He fixed ...
- A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4...
- Amit invested an amount in Fund 'P', which provides compound interest at a rate of 'r'% per annum, compounded annually. He invested the same amount in Fund...
- Aman invested a certain amount of money, splitting it into two equal parts. He placed one part in a simple interest scheme at an annual rate of 10% for 6 y...
- Simple interest earned on an amount of Rs. 2700 at rate of R% per annum after 4 years is Rs. 270. Find the simple interest earned on an amount of Rs. 1800 ...
- Rs. 25,000 invested at simple interest of 6% p.a. yields the same interest after 2 years as Rs. 40,000 when invested at simple interest of 'y%' p.a. yields...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
- 200 Questions with Detailed Solutions
- Section-wise Coverage (GA, English, Quant & Reasoning)