Home
Class 14
MATHS
Kanti started a business investing Rs. 9...

Kanti started a business investing Rs. 9000. Five months later, Sudhakar joined him by investing Rs. 8000. If they make a profit of Rs. 6970 at the end of year . Sudhakar's share of profit is -

A

Rs. 3690

B

Rs. 1883.78

C

Rs. 2380

D

Rs. 3864

Text Solution

AI Generated Solution

The correct Answer is:
To find Sudhakar's share of the profit, we will follow these steps: ### Step 1: Calculate the effective investment of both partners. Kanti invested Rs. 9000 for the entire year (12 months), while Sudhakar invested Rs. 8000 but joined 5 months later, meaning he invested for only 7 months. - Kanti's investment in terms of "months" = 9000 * 12 = 108000 - Sudhakar's investment in terms of "months" = 8000 * 7 = 56000 ### Step 2: Determine the ratio of their investments. Now, we find the ratio of their effective investments: - Kanti's effective investment = 108000 - Sudhakar's effective investment = 56000 The ratio of their investments is: \[ \text{Kanti : Sudhakar} = 108000 : 56000 \] To simplify this ratio, we can divide both sides by 2000: \[ \text{Kanti : Sudhakar} = 54 : 28 \] Further simplifying gives: \[ \text{Kanti : Sudhakar} = 27 : 14 \] ### Step 3: Calculate the total parts in the profit sharing. The total parts of the profit are: \[ 27 + 14 = 41 \] ### Step 4: Calculate Sudhakar's share of the profit. The total profit is Rs. 6970. To find Sudhakar's share, we use the ratio of his investment: Sudhakar's share of the profit is given by: \[ \text{Sudhakar's Share} = \left( \frac{14}{41} \right) \times 6970 \] Calculating this: \[ \text{Sudhakar's Share} = \frac{14 \times 6970}{41} \] Calculating \( \frac{6970}{41} \): \[ 6970 \div 41 = 170 \] Now, multiplying by 14: \[ \text{Sudhakar's Share} = 14 \times 170 = 2380 \] ### Final Answer: Sudhakar's share of the profit is Rs. 2380. ---
Promotional Banner

Topper's Solved these Questions

  • ODD MAN OUT AND SERIES

    UPKAR PUBLICATION |Exercise QUESTION BANK|75 Videos
  • PERCENTAGE

    UPKAR PUBLICATION |Exercise QUESTION BANK|120 Videos

Similar Questions

Explore conceptually related problems

Ramesh started a business investing Rs.30000. 6 months later, Yogesh joined by investing Rs.15000. If they make a profit of Rs.10000 at the end of the year, how much is the share of Ramesh?

A and B started a business by investing Rs.10400 and Rs.14300 in partnership. After 4 months C had joined them by investing Rs.9100. If total profit in the end of year was Rs.11360, then share of C in profit was

Subhash starts a business by investing Rs. 25000. 6 months later Aditya joins him by investing Rs. 15000. After another 6 months Aditya invests an additional amount of Rs. 15000. At the end of 3 years they earn a profit of Rs. 247000. What is Aditya's share in the profit? R s .105000 b. R s .111500 c. R s .123000 d. R s .130000 e. none of these

Praveen started a shop investing Rs. 18,000/- Six months later Naveen joined him investing RS 16,000/- If at the end of year they made a profit of Rs. 5,200/-What will be Naveen's share in it?

UPKAR PUBLICATION -PARTNERSHIP-QUESTION BANK
  1. A, B and C subscribe Rs. 47000 for a business . A subscribes Rs. 7000 ...

    Text Solution

    |

  2. Karim invests Rs. 30000 for one year in a shop. How much his partner R...

    Text Solution

    |

  3. Kanti started a business investing Rs. 9000. Five months later, Sudhak...

    Text Solution

    |

  4. A,B,C are three partners in a business.if twice the investment of A is...

    Text Solution

    |

  5. If 6(A's capital) = 8(B's capital) = 10(C 's capital) , then the ratio...

    Text Solution

    |

  6. A 's capital is equal to twice B's capital and B' s capital is three t...

    Text Solution

    |

  7. A, B and C invested Rs.26000, Rs.34000 and Rs.10000 respectively in a...

    Text Solution

    |

  8. A and B invest in a business in the ratio 3 : 2. If 5',4 of the tot...

    Text Solution

    |

  9. A, B and C contract a work for ₹ 550 together. A and B are supposed to...

    Text Solution

    |

  10. A,B and C enter into a partnership with shares in the ratio 7/2:4/3:6/...

    Text Solution

    |

  11. A is working and B is sleeeping partner in a business. A puts in RS 12...

    Text Solution

    |

  12. Four milkmen rented a pasture.A grazed 18 cows for 4 months, B, 25 cow...

    Text Solution

    |

  13. Jagmohan, Rooplal and Pandeyji rented a video cassette for one week at...

    Text Solution

    |

  14. A, B and C start a business. A invests 3 times as much as B invests an...

    Text Solution

    |

  15. A sum of money is to be divided among A, B and C in the ratio 2: 3: 7....

    Text Solution

    |

  16. A and B invest X 3000 and X 4000 , respectively in a business. A rece...

    Text Solution

    |

  17. Three Hikers A, B and C start on a trip with Rs. 50 each and agree to ...

    Text Solution

    |

  18. A, B and Center into partnership by making investments in the ratio 3:...

    Text Solution

    |

  19. A, B and C contract a work for Rs. 1100. Together A and B are to do 7/...

    Text Solution

    |

  20. A, B and C can do work in 20, 25 and 30 days respectively. They undert...

    Text Solution

    |