P and Q started a business with respective investments of Rs. 4 lakhs and Rs. 10 lakhs. As P runs the business, his salary is Rs. 5000 per month. If they earned a profit of Rs. 2 lakhs at the end of the year, then find the ratio of their earnings?

Related Mcqs:

1. Ameen started a business investing Rs. 70,000. Rahim joined him after six months with an amount of Rs. 1,05,000 and sameer joined them with Rs. 1.4 lakhs after another six months. The amount of profit earned should be distributed in what ratio among Ameen, Rahim and Sameer respectively, 3 years after Ameen started the business?

   A. 7:6:10
   B. 12:15:16
   C. 42:45:56
   D. Cannot be determined
   E. None of these

2. A, B and C are partners in a business. Their capitals are respectively, Rs.5000, Rs.6000 and Rs.4000. A gets 30% of the total profit for managing the business. The remaining profit is divided among three in the ratio of their capitals. In the end of the year, the profit of A is Rs.200 more than the sum of the profits of B and C. Find the total profit.

   A. Rs.4500
   B. Rs.5200
   C. Rs.1800
   D. Rs.3000

3. A and B start a business, with A investing the total capital of Rs.50000, on the condition that B pays A interest @ 10% per annum on his half of the capital. A is a working partner and receives Rs.1500 per month from the total profit and any profit remaining is equally shared by both of them. At the end of the year, it was found that the income of A is twice that of B. Find the total profit for the year?

   A. 53000
   B. 58000
   C. 50000
   D. 59000

4. The average salary of a person for the months of January, February, March and April is Rs.8000 and that for the months February, March, April and May is Rs.8500. If his salary for the month of May is Rs.6500, find his salary for the month of January?

   A. 3000
   B. 2500
   C. 4500
   D. 5000

5. Masood’s salary is reduced by 10% and then reduced salary is increased by 10%. Find ,how many percentage his present salary is less as compared to his previous salary?

   A. Nothing
   B. 10%
   C. 1%
   D. 5%

6. A and B put in Rs.300 and Rs.400 respectively into a business. A reinvests into the business his share of the first year’s profit of Rs.210 where as B does not. In what ratio should they divide the second year’s profit?

   A. 39:40
   B. 40:39
   C. 3:4
   D. 4:3

7. A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 20%, he is only able to save Rs. 200 per month. What is his monthly salary?

   A. Rs.5000
   B. Rs.25000
   C. Rs.7500
   D. Rs.8500

8. A starts business with a capital of Rs.1200 B and C join with some investments after 3 and 6 months respectively. If the end of a year, the profit is divided in the ratio 2:3:5 respectively. What is B’s investment in the business?

   A. Rs.2400
   B. Rs.1800
   C. Rs.3600
   D. Rs.6000

9. A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will?

   A. 17.5 lakhs
   B. 21 lakhs
   C. 15 lakhs
   D. 20 lakhs

10. Sameena started a software business by investing Rs. 50,000. After six months, Nida joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Saneena’s share in the profit?

    A. Rs. 9423
    B. Rs. 10,250
    C. Rs. 12,500
    D. Rs. 14,000
    E. None of these