Multiple Choice Questions on Riya started a project by investing Rs 60 000 6 months later her sister Riama joins her by investing........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Riya started a project by investing Rs 60 000 6 months later her sister Riama joins her by investing...........

Quantitative Aptitude ( CCS) Partnership
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    Riya started a project by investing Rs. 60,000. 6 months later her sister Riama joins her by investing Rs. 1,00,000.At the end of 1 year from the commencement of the business ,they earn a profit of Rs.27,038.Find Riama’s share in the profit?

    Rs.14,150

    Incorrect Answer

    Rs.13,100

    Incorrect Answer

    Rs.13,560

    Incorrect Answer

    Rs.12,290

    Correct Answer
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    Explanation:

    Riya and Raima’s capital in the ratio
    = (60,000*12) : (1,00,000*6)
    = 5                :        6
    Therefore ,Raima’s share in the profit = (5/11)*27,038 = 12,290

    Hence, option 4 is the correct answer.

    By: Amit Kumar
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