Multiple Choice Questions on Riya and sima invested in a partnership business Riya invests Rs 70 000 for 8months and sima invests........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Riya and sima invested in a partnership business Riya invests Rs 70 000 for 8months and sima invests...........

Quantitative Aptitude ( CCS) Partnership
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    Riya and sima invested in a partnership business. Riya invests Rs. 70,000 for 8months and sima invests Rs. 84,000 for 10 months. Out of a profit of Rs. 63140, Riya’s share is:

    Rs 25000

    Incorrect Answer

    Rs 25256

    Correct Answer

    Rs 24500

    Incorrect Answer

    Rs 25270

    Incorrect Answer
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    Explanation:

    Ratio of their shares = (70000 x 8) : (84000 x 10) = 2 : 3.
    Reena’s share = Rs.63140 x 2/5 = Rs. 25256

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