Sheela started a business in 2009 by investing Rs.50,000. She invested Rs.

20,000 as
additional amount in 2010 and her friend Devi joined her with an amount of Rs.70,000. Sheela
invested another Rs. 20,000 in 2011 and Anu joined them with Rs. 70,000. At the end of
these 3 years, they earned a profit of Rs. 3,00,000. Find Devi's share?

a) Rs.1,00,000 b) Rs.1,25,000 c) Rs.75,000 d) Rs.1,50,000

Answer : a) Rs.1,00,000

Solution :

Sheela invested Rs.50,000 for 12 months, Rs.(50000 + 20000) for 12 months and Rs.(50000
+ 20000 + 20000) for 12 months.
i.e., she invested Rs.50,000 for 12 months, Rs.70000 for 12 months and Rs.90000 for 12
months.
Devi invested Rs. 70000 for 2 years; i.e., Rs.70000 for 24 months
And, Anu invested Rs.70000 for 1 year; i.e., Rs. 70000 for 12 months.

Their investing ratio:

Sheela : Devi : Anu = (50,000 x 12 + 70000 x 12 + 90000 x 12):(70000 x 24):(70000 x 12)
= (25,20,000):(16,80,000):(8,40,000) = 252:168:84 = 3:2:1

Total profit for 3 years = Rs.3,00,000

Therefore, Devi's share = Rs.(3,00,000 x 2 /(3+2+1)) = Rs.(3,00,000 x 2/6) = Rs.1,00,000

Question 2

Rahul and Rafick start a business with investments of Rs. 2500 and Rs. 2250 respectively.
After 2 months, Rahul takes out Rs.1250 from his capital. After 1 more month, Rafick takes
out Rs.750 of his capital while Ramesh joins them with a capital of Rs. 3500. At the end of 6
months, they earn a profit of Rs. 2540. Which of the following is the share of each member in
the profit?

a) Rahul - Rs. 700, Rafick - Rs. 950, Ramesh - Rs. 890

b) Rahul - Rs. 900, Rafick - Rs. 750, Ramesh - Rs. 890
c) Rahul - Rs. 800, Rafick - Rs. 900, Ramesh - Rs. 840
d) Rahul - Rs. 840, Rafick - Rs. 800, Ramesh - Rs. 900

Answer : c) Rahul - Rs. 800, Rafick - Rs. 900, Ramesh - Rs. 840

Solution :

Initial investment of Rahul = Rs.2500.

After 2 months he withdraw Rs.1250 from his capital.
Therefore, we have, Rahul invested Rs.2500 for 2 months and Rs.(2500-1250=) 1250 for 4
months.

Rafick invested Rs. 2250 for 3 months and Rs.(2250-750=) 1500 for 3 months.

And, Ramesh invested Rs.3500 for 3 months;

Their investing ratio:

Rahul:Rafick:Ramesh = (2500x2 + 1250x4):(2250x3 + 1500x3):(3500x3)
= (10,000):(11,250):(10,500) = 1000:1125:1050 = 40:45:42

Total profit for 6 months = Rs.2540

Therefore, Rahul's share = Rs.(2540 x 40/(40+45+42)) = Rs.(2540 x 40/127) = Rs.800
Rafick's share = Rs.(2540 x 45/127) = Rs.900
Ramesh's share = Rs.(2540 x 42/127) = Rs.840

Hence, the answer is option c.

Question 3

Akash and Bharati started a business by investing some amount in the ratio of 4 : 7. Karthick
joined them after six months with an amount equal to that of Bharati. What will be their profit
ratio for a period of 1 year?

a) 8 : 14 : 7 b) 4 : 7 : 5 c) 4 : 7 : 7 d) 8 : 7 : 5

Answer : a) 8:14:7

Solution :

Given that their ratio of investment is 4:7

Let the initial investment of Akash and Bharati be 4X and 7X.
Therefore, Akash : Bharati : Karthick = (4X 12):(7X 12):(7X 6)
= 48 : 84 : 42
= 16:28:14 = 8:14:7.

Question 4

Mr.X starts a business with Rs.7000 and after 10 months, Mr.Y joins with Mr.X by investing
certain amount. At the end of 2 years, if 2:3 is the proportion of the profit then Mr.Y's
contribution in the capital is:

a) Rs.15000 b) Rs.16000 c) Rs.17000 d) Rs.18000

Answer : d) Rs.18000
Solution :

Let Mr.Y's capital be Rs.P

Mr.X's investment = Rs.7000 for 24 months
Mr.Y's investment = Rs.P for 14 months
we know that, Profit ratio = investing ratio
i.e., (7000 x 24):(P x 14) = 2:3
168000 : 14P = 2:3
12000 : P = 2:3
12000/P = 2/3
P = 3 x 12000 / 2 = 18000
Required answer is Rs.18,000

Meena and Sonu enter into a business with capital Rs.15,000 and Rs.12,000 and they made
a total profit of Rs.9,000. Find the percentage of Sonu's share.
a)Rs.4500 b)Rs.5000 c)Rs.4000 d)Rs.5500

Answer : c)Rs.4000

Solution:

Meena and Sonu invested Rs.15,000 and Rs.12,000 respectively.

The ratio of their investment is = 15,000 : 12,000 = 5 : 4
Total profit is Rs.9000
Sonu's share = Rs.[4/9 x 9000] = Rs.4000
Hence the answer is Rs.4000

Question 2

Subha and her friend invested in the ratio 5 : 3 in a business. If 4% of the profit is given to
charity and Subha's share is Rs.1,200 then what will be the total profit ?
a)Rs.1,000 b)Rs.2000 c)Rs.1,500 d)Rs.1,800

Answer : b)Rs.2000

Solution:

Let the total profit be Rs.100.

4% of profit is for charity,
Subha's share = Rs.[(100-4) x (5/8)] = [96 x(5/8)] = Rs.60

If Subha's share is Rs.60 then the total profit = Rs.100.

If Subha's share is Rs.1,200 then total profit = Rs.[(100/60) x 1200] = Rs.2,000.

Hence the answer is Rs.2,000

Question 3

A, B, C starts a business with investment of Rs.1,00,000. C invest Rs.8,000 more than B and
B invest Rs.10,000 more than A. If the total profit is Rs.70,000 then
C receives :
a)Rs.30,000 b)Rs.25,000 c)Rs.25,400 d)Rs.29,400

Answer : d)Rs.29,400

Solution:
Let A's investment be X
Then, B's = X + 10,000 and C's = X + 10,000 + 8,000
Now the total investment = X + X + 10,000 + X + 10,000 + 8,000 = 3X + 28,000
From the given data, 3X + 28000 = 1,00,000
3X = 72,000
then X = 24,000.
A : B : C = 24000 : 34000 : 42,000 = 12 : 17 : 21
Then c's share = (21/50) x 70,000 = Rs.29,400