Two friends A and B started a business by investing Rs.1,50,000 and Rs.2,50,000, respectively. They agreed to distribute their earnings in the same ratio of their investments. After an year, the profit earned was ?6,00,000. Each of them added Rs.50,000 to their respective profits and invested in a different project. If this project gave an yield of Rs.4,20,000, then A’s share in the profit is:
This questions was previously asked in
SSC CGL Tier II Paper 1 (26.10.2023)
Rs.2,35,000
Incorrect AnswerRs.1,65,000
Correct AnswerRs.1,97,000
Incorrect AnswerRs.1,84,000\\
Incorrect AnswerExplanation:
- To determine A's share in the final project profit, first calculate their sharing ratio from the initial investments.
- A's investment: Rs.1,50,000, B's investment: Rs.2,50,000. Ratio = 3:5.
- Profit from initial business = Rs.6,00,000.
- A's share in initial profit = (3/8) * 6,00,000 = Rs.2,25,000. B's share = Rs.3,75,000.
- After adding Rs.50,000, A's total investment in the next project = Rs.2,75,000, and B's = Rs.4,25,000.
- The yield from the project = Rs.4,20,000.
- New ratio = 2,75,000:4,25,000 = 11:17.
- A’s share = (11/28) * 4,20,000 = Rs.1,65,000.
Given options, A's share in the profit is Rs.1,65,000.
.
![]()
By: Parvesh Mehta