ssccglapex

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 Answer: Option A
Show Answer

Solution(By Apex Team)

Now as per question, Kamal invested for 12 months and Sameer invested for 7 months. So Kamal : Sameer = (9000 × 12) : (8000 × 7) = 108 : 56 = 27 : 14 Sameer Ratio in profit will be $\begin{aligned}&=6970\times\frac{14}{41}\\ &=\text{ Rs. }2380\end{aligned}$

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