A, B and C invests Rs.2000, Rs.3000 and Rs.4000 in a business. After one year A removed his money; B and C continued the business for one more year. If the net profit after 2 years be Rs.3200, then A's share in the profit is?
Correct answer: D. Rs.400
- A. Rs.1000
- B. Rs.600
- C. Rs.800
- D. Rs.400
Explanation
A's investment-time is Rs. 2000 x 1 = Rs. 2000, B's is Rs. 3000 x 2 = Rs. 6000 and C's is Rs. 4000 x 2 = Rs. 8000, giving a ratio of 2:6:8. A receives 2/16 of Rs. 3200 = Rs. 400. Option b is a likely error from dividing the profit according to capitals without considering that B and C continued for two years.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Ratio and Proportion
Ratios compare quantities in the same units, while proportions state that two ratios are equal. Problems cover simplification, division in a given ratio, direct and inverse variation, scale, and missing terms, with attention to the difference between a ratio and a fraction representing part of a whole.
Practise Arithmetic
1,060 free Arithmetic MCQs from Mathematics, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask Mathematics questions like this
Mathematics is on 76 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Ratio and Proportion questions
A and B start a business with Rs.6000 and Rs.8000 respectively. Hoe should they share their profits at the end of one year?
A and B starts a business with Rs.8000 each, and after 4 months, B withdraws half of his capital . How should they share the profits at the end of the 18 months?
A and B invests Rs.10000 each, A investing for 8 months and B investing for all the 12 months in the year. If the total profit at the end of the year is Rs.25000, find their shares?
Kashif and Nadeem jointly started a business. Kashif invested three times as Nadeem did and invested his money for double time as compared to Nadeem. Nadeem earned Rs. 4000. If the gain is proportional to the money invested and the time for which the money is invested then the total gain was?
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?
The ratio of investments of two partners P and Q is 7:5 and the ratio of their profits is 7:10. If P invested the money for 5 months, find for how much time did Q invest the money?