In a partnership for a business, Changaz invests Rs.6000 for complete year & Nasir invests Rs.3000 for 6 months. What is Nasir's share if they earn Rs.240 as profit?
Correct answer: D. 48
- A. 120
- B. 80
- C. 192
- D. 48
Explanation
Partnership shares depend on capital multiplied by time: Changaz has Rs.6000 × 12 months = Rs.72000-months, while Nasir has Rs.3000 × 6 months = Rs.18000-months. Their ratio is 4:1, so Nasir receives 1/5 × Rs.240 = Rs.48. The likely alternative is option b, Rs.80, which ignores the difference in investment duration.
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Profit and loss compare the cost price and selling price of an item, using profit or loss percentages based on the cost price unless stated otherwise. Questions include marked price, discount, successive discounts, commission, and finding an unknown price, with care needed to distinguish discount from loss.
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