ABC26GN3254 · Partnership

Subject: General Aptitude · Chapter: Partnership · Exam: · Marks: · Difficulty:

Shekhar started a business investing ₹ 25000 in 2009. In 2010, he invested an additional amount of ₹ 10000 and Rajeev joined him with an amount of ₹ 35000. In 2011, Shekhar invested another additional amount of ₹ 10000 and Jatin joined them with an amount of ₹ 35000 . What will be Rajeev's share in the profit of ₹ 150000 earned at the end of 3 years from the start of the business in 2009?
(a)₹ 45000
(b)₹ 50000
(c)₹ 70000
(d)₹ 75000
(e)None of these
Answer
Answer (as printed): B
Explanation
Shekhar : Rajeev : Jatin $$\begin{aligned} & =(25000 \times 12+35000 \times 12+45000 \times 12):(35000 \times 24): \\ & (35000 \times 12) \\ & =1260000: 840000: 420000=3: 2: 1 . \\ & \therefore \quad \text { Rajeev's share }=₹\left(150000 \times \frac{2}{6}\right)=₹ 50000 . \end{aligned}$$

Explanation as extracted from the printed page; notation may be imperfect.

Open in whiteboard · Browse this chapter in the app