Home
Class 14
MATHS
Raman and Nakul invested in a business ....

Raman and Nakul invested in a business .Raman invested Rs 3000 and withdraw Rs 1500 at the end of `8^(th)` month. Nakul invested Rs 1500 at the end of `7^(th)` month .At the end , they earned Rs 1800. What should be Raman's share ?

A

1440

B

920

C

864

D

850

Text Solution

AI Generated Solution

The correct Answer is:
To find Raman's share of the profit, we need to calculate the effective capital contribution of both Raman and Nakul over the time they invested in the business. ### Step 1: Calculate the effective capital contribution for Raman. Raman invested Rs 3000 for the first 8 months and then withdrew Rs 1500. This means he had Rs 3000 for the first 8 months and Rs 1500 for the last 4 months. - For the first 8 months: \[ \text{Capital} = 3000 \times 8 = 24000 \] - For the last 4 months: \[ \text{Capital} = 1500 \times 4 = 6000 \] - Total effective capital contribution for Raman: \[ \text{Total} = 24000 + 6000 = 30000 \] ### Step 2: Calculate the effective capital contribution for Nakul. Nakul invested Rs 1500 at the end of the 7th month, which means he invested for only 5 months (from the end of the 7th month to the end of the 12th month). - For 5 months: \[ \text{Capital} = 1500 \times 5 = 7500 \] ### Step 3: Calculate the ratio of their contributions. Now we can find the ratio of their effective capital contributions. - Raman's contribution: 30000 - Nakul's contribution: 7500 The ratio of Raman's to Nakul's contributions is: \[ \text{Ratio} = \frac{30000}{7500} = 4:1 \] ### Step 4: Calculate Raman's share of the profit. The total profit earned is Rs 1800. To find Raman's share, we need to divide the profit in the ratio of their contributions. - Total parts in the ratio = 4 + 1 = 5 parts. - Raman's share of the profit: \[ \text{Raman's share} = \frac{4}{5} \times 1800 = 1440 \] ### Final Answer: Raman's share of the profit should be Rs 1440. ---
Promotional Banner

Topper's Solved these Questions

  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise PREVIOUS YEAR QUESTIONS|20 Videos
  • RATIO & PROPORTION AND PARTNERSHIP

    ADDA247|Exercise PRELIMS QUESTIONS (LEVEL 2)|30 Videos
  • PROFIT AND LOSS

    ADDA247|Exercise Previous Year Questions|30 Videos
  • SIMPLE INTEREST AND COMPOUND INTEREST

    ADDA247|Exercise Previous Year Question|30 Videos
ADDA247-RATIO & PROPORTION AND PARTNERSHIP -MAINS QUESTIONS
  1. A,B and C invested in the ratio 4:6:9 respectively in a business ventu...

    Text Solution

    |

  2. A,B and C invested in the ratio 4:6:9 respectively in a business ventu...

    Text Solution

    |

  3. A sum is divided between A and B in the ratio of 1:2 A purchased a car...

    Text Solution

    |

  4. Akhilesh took five papers in an examination , where each paper was of ...

    Text Solution

    |

  5. If ratio of time periods of investment of P and Q is 4:5 , profit at t...

    Text Solution

    |

  6. A sum of money is divided among Wasim , chintan, yash and Zignesh in t...

    Text Solution

    |

  7. A,B and c invested in a business in the ratio 6:8:9 .If B invested for...

    Text Solution

    |

  8. A and B started a business in partnership with the investment of Rs.27...

    Text Solution

    |

  9. Ankit gets 6000 Rs . Out of total profit of 9000 Rs and invested 8000...

    Text Solution

    |

  10. A,B and C started a business with their investment in the ratio 1:2:4 ...

    Text Solution

    |

  11. Bhim Singh, Narendra singh and Monika start business in capital ratio ...

    Text Solution

    |

  12. A and B started a business in partnership with the investment of Rs.27...

    Text Solution

    |

  13. If ratio of investment of A,B and C are in the ratio 3:5:8 and the tim...

    Text Solution

    |

  14. Divyaraj , Sameer and Ayush started a business each investing 20000 rs...

    Text Solution

    |

  15. Divyaraj and Ayush started a business in partnership investing 36000 R...

    Text Solution

    |

  16. X,Y,Z enter into partnership with capital contribution Rs 50000, 20000...

    Text Solution

    |

  17. A man gave 50% of his savings of RS. 84,100 to his wife and divided th...

    Text Solution

    |

  18. Ankit ,Yogesh and Mahesh enter into a partnership business .Ankit inve...

    Text Solution

    |

  19. 3/7 of monthly income of Neeraj is half the monthly income of Ankur . ...

    Text Solution

    |

  20. Raman and Nakul invested in a business .Raman invested Rs 3000 and wit...

    Text Solution

    |