send mail to support@abhimanu.com mentioning your email id and mobileno registered with us! if details not recieved
Resend Opt after 60 Sec.
By Loging in you agree to Terms of Services and Privacy Policy
Claim your free MCQ
Please specify
Sorry for the inconvenience but we’re performing some maintenance at the moment. Website can be slow during this phase..
Please verify your mobile number
Login not allowed, Please logout from existing browser
Please update your name
Subscribe to Notifications
Stay updated with the latest Current affairs and other important updates regarding video Lectures, Test Schedules, live sessions etc..
Your Free user account at abhipedia has been created.
Remember, success is a journey, not a destination. Stay motivated and keep moving forward!
Refer & Earn
Enquire Now
My Abhipedia Earning
Kindly Login to view your earning
Support
Type your modal answer and submitt for approval
A invested Rs. 5000 in a business and after 6 months, B also joined him. At the end of year, B received Rs. 2700 profit out of Rs. 8700. Find the investment of B.
Rs. 4000
Rs. 5400
Rs. 4800
Rs. 4500
None of these
- A invests Rs. 5000 for 12 months. His total contribution is 5000 x 12 = 60000.
- B joins after 6 months, investing for 6 months.
- At year-end, A and B's total profit is Rs. 8700.
- B's share of the profit is Rs. 2700.
- The ratio of profits is determined by the investments multiplied by the time.
- Let's say B invests Rs. X. His contribution is X x 6.
- Profit ratio: \( \frac{5000 \times 12}{X \times 6} = \frac{60000}{6X} \)
- Given A's profit: 8700 - 2700 = 6000.
- Profit ratio \( \frac{6000}{2700} = \frac{60000}{6X} \).
- Solving gives X = Rs. 4500.
- Correct Answer: Option 4 - Rs. 4500
By: Parvesh Mehta ProfileResourcesReport error
Access to prime resources
New Courses