Tech Mahindra
Company
Numerical Ability
Profit and Loss
Arun started a business investing Rs. 45,000. After three months. Pramod joined him with a capital of Rs.60,000. If at the end of one year, the total profit from the business is Rs.26,000, what would be Pramod's share in it?
a) Rs.10,000
b) Rs.14,000
c) Rs.13,000
d) Rs.16,000
e) None of these
Read Solution (Total 2)
-
- c)13000
( arun)45000*12 : (pramod)60000*9 =>>(45*12) : (60*9) ==> (arun) 1: (pramod) 1
pramod's share is >> 26000 * 1/(1+1)=>13000
- 8 years agoHelpfull: Yes(2) No(1)
- Rs.13000
ratio of profits = (capital arun X time invested arun):(Capital pramod X time Pramod)
= (45000 X 12):(60000 X 9)
= 1:1
Therefore profit is split equally => Pramod share = 13000
- 8 years agoHelpfull: Yes(2) No(0)
Tech Mahindra Other Question