Knowee
Questions
Features
Study Tools

Select the correct answerA and B invested RS. 90,000 and RS. 1,20,000 in a business after 4 months A invested RS. 10,000 more. After 2 more months B withdraw RS. 20,000. If they earned a total profit of RS. 1,86,000. Find the difference in the profit earned by them.OptionsRS. 40,000RS. 30,000RS. 87,000RS. 25,000RS. 12,000

Question

Select the correct answerA and B invested RS. 90,000 and RS. 1,20,000 in a business after 4 months A invested RS. 10,000 more. After 2 more months B withdraw RS. 20,000. If they earned a total profit of RS. 1,86,000. Find the difference in the profit earned by them.OptionsRS. 40,000RS. 30,000RS. 87,000RS. 25,000RS. 12,000

🧐 Not the exact question you are looking for?Go ask a question

Solution

To solve this problem, we need to calculate the ratio of their investments, which will be the same as the ratio of their profits.

  1. For the first 4 months, A invested Rs. 90,000 and B invested Rs. 1,20,000.
  2. For the next 2 months, A invested Rs. 90,000 + Rs. 10,000 = Rs. 1,00,000 and B still invested Rs. 1,20,000.
  3. For the rest of the time, A still invested Rs. 1,00,000 and B invested Rs. 1,20,000 - Rs. 20,000 = Rs. 1,00,000.

So, the total investment of A is (4 months * Rs. 90,000) + (2 months * Rs. 1,00,000) + (rest of the time * Rs. 1,00,000) = Rs. 36,00,000 + Rs. 2,00,000 + Rs. 1,00,000 = Rs. 39,00,000.

The total investment of B is (4 months * Rs. 1,20,000) + (2 months * Rs. 1,20,000) + (rest of the time * Rs. 1,00,000) = Rs. 48,00,000 + Rs. 2,40,000 + Rs. 1,00,000 = Rs. 51,40,000.

The ratio of their investments is 39:51.4 = 0.76:1.

If the total profit is Rs. 1,86,000, then the profit of A is 0.76/(0.76+1) * Rs. 1,86,000 = Rs. 86,000 and the profit of B is Rs. 1,86,000 - Rs. 86,000 = Rs. 1,00,000.

So, the difference in the profit earned by them is Rs. 1,00,000 - Rs. 86,000 = Rs. 14,000.

However, this option is not available in the given options. There might be a mistake in the problem or the options.

This problem has been solved

Similar Questions

Select the correct answerA, B, C start a business each investing Rs 20,000. After 5 month A withdraws Rs 5,000, B withdraws Rs 4,000 & C invests Rs 6,000 more. At the end of the year, a total profit of Rs 69,900 was recorded. Find the share of A?Options20,70020,60020,50020,400

elect the correct answerA, B and C invested Rs. 45000, Rs. 70000 and Rs. 90000 respectively to start a business. At the end of 2 years, they earned a profit of Rs. 164000. What will be B’s share in the profit?OptionsRs. 56000Rs.5000Rs. 9000None

Select the correct answerA started a business with Rs. 18000. After 4 months B joins with Rs. 24000. After 2 more months C joins with Rs. 30000. At the end of 10 months C received Rs. 1850 as his share. Find the total profit?OptionsRs. 6510Rs. 9030Rs. 1955Rs. 6845

Select the correct answerRavi and Nikhil started a business investing 48,000 and 64,000 respectively, but Nikhil left the business after 2 months. Find the difference between the share of profits of Ravi and Nikhil, if the total profit at the end of the year was 12,100?Options8,4004,2007,7006,300

Select the correct answerA B and C entered in to a partnership A invested RS. 16000 for 9 months B invested 12000 for 6 months and C invested RS. 8000 for 12 months. At the end of the year there was a profit of RS. 26000. Find the share of B in the profit.OptionsRS. 7500RS. 10000RS. 9000RS. 6000RS. 8000

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.