shikha started a business investing Rs 50 000 in 1999 In 2000 she invested an additional amount of R...........

Quantitative Aptitude ( CCS) Partnership

shikha started a business investing Rs. 50,000 in 1999, In 2000, she invested an additional amount of Rs. 20,000 and Raju joined him with an amount of Rs. 70,000. In 2001, Shikha invested another additional amount of Rs. 20,000 and Jolly joined them with an amount of Rs. 70,000. What will be Raju’s share in the profit of Rs. 300,000 earned at the end of 3 years from the start of the business in 1999?

Rs. 250,000.

Rs. 120,000.

Rs. 100,000.

Rs. 150,000.

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Explanation:

Shikha : Raju : Jolly
= (50000 x 12 + 70000 x 12 + 90000 x 12) : (70000 x 24) : (70000 x 12)
= 2520000 : 1680000 : 840000 = 3 : 2 : 1
Raju’s share = Rs.300,000 x 2/6 = Rs. 100,000.

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