Latest Others Aptitude Question SOLUTION: Radhika and Renuka enter into a partnership with investment of Rs. 50000 and Rs. 70000 respectively. Renuka gets 10% of the total profit for maintaining the business and the remain

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(#M40010465) OTHERS question Partnership Problem Keep an EYE

Radhika and Renuka enter into a partnership with investment of Rs. 50000 and Rs. 70000 respectively. Renuka gets 10% of the total profit for maintaining the business and the remaining profit is distributed between them in the ratio of their investments. If the total profit at the end of the years is Rs. 30000, find the total share of Renuka.
(a) Rs. 16575
(b) Rs. 21500
(c) Rs. 18750
(d) Rs. 11250

Asked In Others Vijesh Jain (11 years ago)

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Vijesh Jain  (11 years ago)

Ans is (c) Rs. 18750.... but how??
according to my evalution...

profit earned by renuka is 10% of 30000 = 3000

therefore remaining profit = 30000-3000=27000

the ratio of their investment = 5:7
thus, 27000*(7/12) = 15750 .... i.e. Renuka's share.

thus ans is 15750...
how cum 18750 (correct ans??) help me out....

logically 15750 + 3000 (radhika's profit share) = 18750....
but how its possible???

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Dr.Dipin Singh  (11 years ago)

@ Vijesh,

Out of 30000, Renuka took Rs 3000 for managing business
and Rs 15750 out of Rs 27000 in ratio of their investments.
Radhika got Rs 11250 out of Rs 27000 in ratio of their investments.
so Renuka got Rs 15750 + Rs 3000 = 18750.
and Radhika got Rs 11250 .

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Dimple  (11 years ago)

@ Vijesh,

Pls note that
total share of Renuka = 15750+3000 = 18750 which is correct.
Where is the confusion ?

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Vijesh Jain  (11 years ago)

@dimple : 10x.. confusion cleared!!

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Vijesh Jain  (11 years ago)

@dimple : why 3000 is added which is radhika's amt of share (profit)... i.e. bearable by radhika only na?

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