A. 7
B. 6
C. 3
D. 4
E. None of these
Explanation:
Investments of X, Y and Z respectively are Rs. 20000, Rs. 25000 and Rs. 30000
Let investment period of Z be x months.
Ratio of annual investments of X, Y and Z is (20000 * 12) : (25000 * 12) : (30000 * x)
= 240 : 300 : 30x = 8 : 10 : x
The share of Z in the annual profit of Rs. 50000 is Rs. 14000.
=> [x/ (18 + x)] 50000 = 14000 => [x/ (18 + x)] 25 = 7
=> 25x = 7x + (18 * 7) => x = 7 months.
Z joined the business after (12 – 7) months. i.e., 5 months.
Related Mcqs:
- 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 - A and B entered into a partnership investing Rs.25000 and Rs.30000 respectively. After 4 months C also joined the business with an investment of Rs.35000. What is the share of C in an annual profit of Rs.47000?
A. Rs.18000
B. Rs.15000
C. Rs.17000
D. Rs.14000 - 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 - 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. 1883.78
B. Rs. 2380
C. Rs. 3690
D. Rs. 3864 - 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 - A, B, C together started a business. A invested Rs.6000 for 5 months B invested Rs.3600 for 6 months and C Rs.7500 for 3 months. If they get a total profit of Rs.7410. Find the share of A?
A. Rs.3750
B. Rs.3000
C. Rs.3200
D. Rs.2160 - A and B started business in partnership investing Rs. 20,000 and Rs. 15,000 respectively. After six months, C joined them with Rs. 20,000. What will be B’s share in the total profit of Rs. 25,000 earned at the end of 2 years from the starting of the business?
A. Rs. 7500
B. Rs. 9000
C. Rs. 9500
D. Rs. 10,000
E. None of these - A is a working partner and B is a sleeping partner in the business. A puts in Rs.15000 and B Rs.25000, A receives 10% of the profit for managing the business the rest being divided in proportion of their capitals. Out of a total profit of Rs.9600, money received by A is?
A. Rs.3240
B. Rs.3600
C. Rs.3800
D. Rs.4200 - 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 - A, B and C started a business with capitals of Rs. 8000, Rs. 10000 and Rs. 12000 respectively. At the end of the year, the profit share of B is Rs. 1500. The difference between the profit shares of A and C is?
A. Rs. 300
B. Rs. 400
C. Rs. 500
D. Rs. 600
E. None of these