Partnership
- Jagmohan, Rooplal and Pandeyji rented a video cassette for one week at a rent of Rs. 350. If they use it for 6 hours, 10 hours and 12 hours respectively. The rent to be paid by Pandeji is ?
-
View Hint View Answer Discuss in Forum
Ratio of rent = 6 : 10 : 12 = 3 : 5 : 6
∴ Pandeyji has to pay = Rs. 350 x (6/14)Correct Option: D
Ratio of rent = 6 : 10 : 12 = 3 : 5 : 6
∴ Pandeyji has to pay = Rs. 350 x (6/14) = Rs. 150
- A is a working and B is a sleeping partner in a business. A puts in Rs. 12,000 and B Rs. 20,000. A receives 10% of the profit for managing, the rest being divided in proportion to their capitals. Out of a total profit of Rs. 9600 the money received by A is ?
-
View Hint View Answer Discuss in Forum
For management A receive = Rs. 960
Balance Amount = Rs. (9600 - 960) = Rs. 86400
Ratio of their investment = 12000 : 20000 = 3 : 5Correct Option: B
For management A receive = Rs. 960
Balance Amount = Rs. (9600 - 960) = Rs. 86400
Ratio of their investment = 12000 : 20000 = 3 : 5
∴ A's share = Rs. 8640 x (3/8) = Rs. 3240
So, A receive = Rs. (3240 + 960) = Rs. 4200
- Sanjay and Komal started a business with Rs. 15000 each. After 8 months Komal withdrew Rs. 10000. If at the end of a year there was a profit of Rs. 32000. What was the share of Sanjay in the profit ?
-
View Hint View Answer Discuss in Forum
Sanjay's investment for 1 months = 15000 x 12 = Rs. 180000
Komal's investment for 1 months = 15000 x 8 + (15000 - 10000) x 4
= 120000 + 20000
= Rs. 140000Correct Option: A
Sanjay's investment for 1 months = 15000 x 12 = Rs. 180000
Komal's investment for 1 months = 15000 x 8 + (15000 - 10000) x 4
= 120000 + 20000
= Rs. 140000
∴ Ratio between the investment of Sanjay and Komal
= 180000 : 140000 = 9 : 7
∴ Sanjay's profit = [9/(9 + 7)] x 32000 = Rs. 18000
- A and B invest in a business in the ratio 3 : 2 if 5% of the total profit goes to charity and A's share is Rs. 855, total profit is ?
-
View Hint View Answer Discuss in Forum
Let the total profit be Rs. 100
After paying to Charity,
A's share = Rs. 95 x (3/5) = Rs. 57
If A's share is Rs. 57, then total profit = Rs. 100Correct Option: C
Let the total profit be Rs. 100
After paying to Charity,
A's share = Rs. 95 x (3/5) = Rs. 57
If A's share is Rs. 57, then total profit = Rs. 100
If A's share is Rs. 855, then total profit = Rs. 855 x (100/51) = Rs. 1500
- Kanti started a business investing Rs. 90000. Five months later Sudhakar joined him by investing Rs. 8000. If they make a profit of Rs. 6970 at the end of year. Sudhakar's share of profit is ?
-
View Hint View Answer Discuss in Forum
∵ Ratio of shares = (9000 x 12) : (8000 x 7) = 108 : 56 = 27 : 14
∴ Sudhakar's share = Rs. 6970 x (14/41)
Correct Option: C
∵ Ratio of shares = (9000 x 12) : (8000 x 7) = 108 : 56 = 27 : 14
∴ Sudhakar's share = Rs. 6970 x (14/41) = Rs. 2380