Shekhar started a business investing Rs. 25,000 in 1999, In 2000, he invested a

Sail E0 Webinar

Question

Shekhar started a business investing Rs. 25,000 in 1999, In 2000, he invested an additional amount of Rs. 10,000 and Rajeev joined him with an amount of Rs. 35,000. In 2001, Shekhar invested another additional amount of Rs. 10,000 and Jatin joined them with an amount of Rs. 35,000. What will be Rajeevs share in the profit of Rs. 1,50,000 earned at the end of 3 years from the start of the business in 1999?

Answer: Option B
- Shekhar : Rajeev : Jatin = (25000 x 12 + 35000 x 12 + 45000 x 12) : (35000 x 24) : (35000 x 12) = 1260000 : 840000 : 420000 = 3 : 2 : 1 Rajeev's share = Rs. 150000 x 2 6 = Rs. 50000.

Was this answer helpful ?

Next Question

1 Comments

Krishnaraj 2016-03-06 10:44:25

0

What is that 26

Submit Solution

More Questions on This Topic :

Question 1. Jhon, Mona and Gordon, three US based business partners, jointly invested in a business project to supply nuclear fuel t....rises from 4% to 7%. What is Mona's capital ?

Question 2. Anu is a working partner and Bimla is a sleeping partner in a business. Anu puts Rs. 5000 and Bimla putes in Rs. 6000. A....each get put of a profit of Rs. 880 ?

Question 3. The ratio of investments of two partners X and Y is 11 : 12 and the ratio of their profit is 2 : 3. If X invested the mo....the time for which Y invested the money is ?

Question 4. A and B enter into partnership. At the end of 9 months B withdraws but A's capitals is used for one month more. If they ....: 6, then the ratio of their capital is ?

Question 5. Two partners invested Rs. 125000 and Rs. 85000 respectively in a business. They distribute 60% of the profit equally and....3000 more than the other, the total profits is ?

Question 6. Nonad, Vikas and and Manav enter into a partnership. Ninad invest some amount at the beginning. Vikas invest double the ....the year. What is Manav's share in the profit ?

Question 7. Four milkmen rented a pasture. A grazed 15 cows for 4 months, B grazed 12 cows for 2 months, C grazed 18 cows for 6 mont....is Rs. 1020, what is C's share of rent ?

Question 8. A, B and C are three partners in a business. The profit share of A is **Hidden Equation** of the total profit and B's sha....243, then the amount received by B will be ?

Question 9. A, B and C are partners in a business. Their shares are in the proportion of $$\frac{1}{3}:\frac{1}{4}:\frac{1}{5}$$ . A....Rs. 4340 is divided. The share of C is ?

Question 10. A is a active partner and B is a inactive partner in business. A puts in Rs. 5000 and B puts in Rs. 6000. A received 15%....of the profit of Rs. 880 in all is ?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0