Two friends invested Rs.1500 and Rs. 2500 in a business. They earned a profit of Rs. 800. One-half of the profit was divided equally between them and the other half was divided in proportion to their capitals. How much did each of them receive?

A. Rs. 350 and Rs. 450 B. Rs. 360 and Rs. 440 C. Rs. 370 and Rs. 430 D. Rs. 375 and Rs. 425 Answer: Option A
Show Answer

Solution(By Apex Team)

$\begin{array}{l} \text { Ratio of shares }\\ =1500: 2500\\ =3: 5 \end{array}$ $\begin{aligned}&\text{Share of first friend}\ \ &=\text{ Rs. }\left[\frac{400}{2}+\left(400\times\frac{3}{8}\right)\right]\\ &=\text{ Rs. }(200+150)\\ &=\text{ Rs. }350\end{aligned}$ $\begin{aligned}&\text{Share of second friend}\\ &=\text{ Rs. }\left[\frac{400}{2}+\left(400\times\frac{5}{8}\right)\right]\\ &=\text{ Rs. }(200+250)\\ &=\text{ Rs. }450\end{aligned}$

Related Questions On Partnership

Three partners shared the profit in a business in the ratio 5 : 7 : 8. They had partnered for 14 months, 8 months and 7 months respectively. What was the ratio of their investments?

A. 5 : 7 : 8
B. 20 : 49 : 64
C. 38 : 28 : 21
D. None of these
Show Answer

Three partners A, B, C start a business. B's Capital is four times C's capital and twice A's capital is equal to thrice B's capital . If the total profit is Rs 16500 at the end of a year ,Find out B's share in it.

A. Rs. 4000
B. Rs. 5000
C. Rs. 6000
D. Rs. 7000
Show Answer

Kamal started a business investing Rs. 9000. After five months, Sameer joined with a capital of Rs 8000. If at the end of the year, they earn a profit of Rs. 6970, then what will be the share of Sameer in the profit ?

A. Rs. 2380
B. Rs. 2300
C. Rs. 2280
D. Rs. 2260
Show Answer

P and Q invested in a business. The profit earned was divided in the ratio 2 : 3. If P invested Rs 40000, the amount invested by Q is

A. Rs. 40000
B. Rs. 50000
C. Rs. 60000
D. Rs. 70000
Show Answer

More Related Questions On Partnership

Leave a Reply