Multiple Choice Questions on Anik Elena and Tarun started a business together each investing Rs 11 lakh Rs 16 5 lakh and Rs 8 25 ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Anik Elena and Tarun started a business together each investing Rs 11 lakh Rs 16 5 lakh and Rs 8 25 ...........

Quantitative Aptitude ( CCS) Partnership
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    Anik, Elena and Tarun started a business together each investing Rs. 11 lakh, Rs. 16.5 lakh and Rs. 8.25 lakh, respectively. The profit earned by, them in the business at the end of three years was Rs. 19.5 lakh. What will be the 50% of Tarun’s share in the profit?

    Rs.2.25 lakhs

    Correct Answer

    Rs.2 lakhs

    Incorrect Answer

    Rs.3.5 lakhs

    Incorrect Answer

    Rs.4.4 lakhs

    Incorrect Answer
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    Explanation:

    Ratio of the capitals = 11 * 36 : 16.5 *36 : 8.25 *36 = 4 : 6 :3

    Tarun’s share in the profit = {3/(4+6+3)}*19.5 =Rs. 4.5 lakh

    Now, 50% of Tarun’s profit = 50/100 * 4.5 = Rs. 2.25 lakh

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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