Question
Dev, Ajay and Vijay started a business with investment
of ₹10,000, ₹20,000 and ₹20,000 respectively. After 6 months, Ajay withdrew an amount of ₹5,000 from his investment. After 3 more months, Vijay brought in ₹10,000. If at the end of the year, the total amount of the profit earned is ₹36,000, then find the share (in ₹) of Ajay in the profits.Solution
Explanation: Profit share is based on investment multiplied by time (man-month ratio). Dev: ₹10,000 × 12 months = 1,20,000 Ajay: (₹20,000 × 6) + (₹15,000 × 6) = 1,20,000 + 90,000 = 2,10,000 Vijay: (₹20,000 × 9) + (₹30,000 × 3) = 1,80,000 + 90,000 = 2,70,000 Total Investment Ratio = 1,20,000 : 2,10,000 : 2,70,000 = 12 : 21 : 27 = 4 : 7 : 9 (Dividing by 3) Sum of ratios = 4 + 7 + 9 = 20 Ajay's Share = (7/20) × ₹36,000 = ₹12,600
50 men takes 10 less days to do a work than 30 men takes time for same work. Find in how many days 15 men can complete the 2/5th of the work?
Calculate the total percentage increase in employees from 2019 to 2023 for the entire company.
What is the function of the "SUM" function in Microsoft Excel?
A sum of ₹25000 is invested in two parts, one at 8% and the other at 10%. The total interest earned after a year is ₹2300. How much was invested at ...
Amit has two routes, ‘X’ and ‘Y’, to travel from his home to his gym. The length of route ‘X’ exceeds the length of r...
In triangle ABC, DE is parallel to BC. If AD = 3, DB = 2, and DE = 5, what is the length of BC?
A shopkeeper sells an article at a profit of 12.5% on the selling price. Find the actual profit percentage.
A businessman bought goods for Rs 1050 and sold them on the same day for Rs 1228.5 on credit for 10 months, thus earning a profit of 4%. Find the rate o...
55-litres of paint is added to a mixture of paint and oil in the ratio 3:5. The ratio of paint and oil in the resulting mixture is 4:3. Find the total v...
