Multiple Choice Questions on Alpana started a business investing Rs 45 000 After 3 months Priyanka joined her with a capital........... for Mathematics - All Exams Preparation

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Indian Economy - Understanding the basics of Indian economic system

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    Alpana started a business investing Rs. 45,000. After 3 months Priyanka joined her with a capital of Rs. 60,000. After another 6 months Kalpana joined them with a capital of Rs. 90,000. At the end of the year, they made a profit of Rs. 16,500. Find the share of Kalpana.

    2100

    Incorrect Answer

    3300

    Correct Answer

    3500

    Incorrect Answer

    3800

    Incorrect Answer
    Explanation:

    Cleraly, Alpana invested her capital for 12 months,
    Priyanka for 9 months and Kalpana for 3 months.
    So, ratio of their capitals
    = (45000 × 12) : (60000 × 9) : (90000 × 3)
    ⇒  540000 : 540000 : 270000
    ⇒  2 : 2 : 1.
    ∴  Kalpana's share = Rs[16500 x 1/5]
    = 3300


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