Bissoy.com
Doctors Medicines MCQs Q&A

A started a trading firm by investing Rs. 10 lakhs. After 4 months, B joined the business by investing Rs. 15 lakhs then 2 months after B joined C too joined them by investing Rs. 20 lakhs. 1 year after A started the business they made Rs. 6,00,000 in profit. What is C's share of the profit (in Rs.)?

A started a trading firm by investing Rs. 10 lakhs. After 4 months, B joined the business by investing Rs. 15 lakhs then 2 months after B joined C too joined them by investing Rs. 20 lakhs. 1 year after A started the business they made Rs. 6,00,000 in profit. What is C's share of the profit (in Rs.)? Correct Answer 2,00,000

Given :

A's investment is 10 lakhs 

B's investment is 15 lakhs 

C's investment is 20 lakhs 

A invested for whole year or 12 months

B invested for 8 months (4 months less than A)

C invested for 6 months (2 months less than B)

Concept used :

Person's share in partnership = investment × time period of his investment 

Calculations :

A's total share = 1000000 × 12 = 12000000

B's total share = 1500000 × 8 = 12000000 

C's total share = 2000000 × 6 = 12000000

So, share of A, B and C

A : B : C = 12000000 : 12000000 : 12000000

⇒ 1 : 1 : 1 

Share of C = (1/3) of 600000

⇒ 200000 rupees 

∴ share of C will be 200000 rupees 

Related Questions

A started a trading firm by investing Rs. 10 lakhs. After 4 months, B joined the business by investing Rs. 15 lakhs then 2 months after B joined C too joined them by investing Rs. 20 lakhs. 1 year after A started the business they made Rs. 6,00,000 in profit. What is C’s share of the profit (in Rs.)?
A starts a cement trading business by investing Rs 5 lakhs. After 2 months, B joins the business by investing Rs.10 lakhs .And 4 months after B joined, C too joins them by investing Rs. 20 lakhs. 1 year after A started the business, they made Rs. 3,50,000 in profit. What is B's share of the profit (in Rs.)?
A starts a cement trading business by investing Rs 5 lakhs. After 2 months, B joins the business by investing Rs 10 lakhs and then 4 months after Bjoined C too joins them by investing Rs 20 lakhs. 1 year after A started the business they make Rs 3,50,000 in profit. What is B's share of the profit (in Rs)?
A starts a taxi service by investing Rs. 25 lakhs. After 3 months, B joins the business by investing Rs. 40 lakhs then 4 months after B joined, C too joins them by investing Rs. 50 lakhs. One year after A started the business, they make Rs. 2,73,000 in profit. What is C's share of the profit (in Rs)?
A starts a taxi service by investing Rs. 25 lakhs. After 3 months, B joins the business by investing RS 40 lakhs then 4 months after B joined, C too joins by investing Rs. 50 lakhs. One year after A started the business they make Rs 2,73,000 in profit . What is C's share of the profit(in Rs)?
A starts a taxi service by investing Rs 25 lakhs. After 3 months, B joins the business by investing Rs 40 lakhs then 4 months after B joined, C too joins themby investing Rs 50 lakhs. One year after A started the business they make Rs 2,73,000 in profit. What is C's share of the profit (in Rs)?
X and Y started a business by investing Rs. 9.84 lakhs in the ratio 21 ∶ 20. After 5 months, X increased his investment by Rs. 2.96 lakhs. After a month, Z joined the business by investing Rs. 10 lakhs. After another month, Y sold 50% of his share to Z, while X increased his investment by Rs. 2 lakhs. At the end of the year, what part of the profit share will Z receive?
In the following question, two statements are numbered as A and B. On solving these statements, we get quantities A and B respectively. Solve both quantities and choose the correct option. Quantity A: X and Y started a partnership business by investing in the ratio 5 ∶ 6. Z joined them after 4 months with an amount equal to 2/3rd of that of Y. What was their total profit at the end of the year, if Z got Rs. 28000 as his share? Quantity B: Two friends P and Q started a business investing amount in the ratio of 5 : 6. R joined them after 6 months investing an amount equal to that of Q’s amount. At the end of year 20% profit was earned which was equal to Rs. 98,000. What was the amount invested by R?
A started a business investing Rs. 3000. After 3 months, B joined the business investing Rs. 2000. After some more time, C joined the business investing Rs. 1500. At the end of the year, profit from the business was Rs. 16000 and share of C was Rs.1600 out of the profit. For how many months C invested in the business?
A started a business by investing Rs. 8400. After 2 months B and C joined him by investing Rs. 9000 and Rs. 6000 respectively. After 4 more months, B withdrawn 1/3 part of his capital, D joined them by investing Rs. 10000 and after 4 more months A withdrawn his whole capital. After one year, A took Rs. 8400 from the total profit for starting the business and the rest profit is distributed according to their ratio. If the difference between the shares of A and B is Rs. 9600, then find the total profit.