Aptitude - Partnership - Discussion

Discussion Forum : Partnership - General Questions (Q.No. 14)
14.
Simran started a software business by investing Rs. 50,000. After six months, Nanda joined her with a capital of Rs. 80,000. After 3 years, they earned a profit of Rs. 24,500. What was Simran's share in the profit?
Rs. 9,423
Rs. 10,250
Rs. 12,500
Rs. 10,500
Answer: Option
Explanation:

Simran : Nanda = (50000 x 36) : (80000 x 30) = 3 : 4.

Simran's share = Rs. 24500 x 3 = Rs. 10,500.
7
Discussion:
29 comments Page 2 of 3.

Kiransai laxmi said:   1 decade ago
If profit is Rs. 24,500, then Simran will take 24,000 x 3/7 = Rs. 10,500.

In this why did you take 24,000 profit, instead of taking 24,500 profit?

Rachael Amoah said:   9 years ago
Bhagatsingh it is 36 months because 12 months make a year and the year given was 3 years.

So, 3 * 12 months = 36 months.
(1)

Navneet Sama said:   2 decades ago
From where these came (3 : 4.) 3.4's ratio, I dint get that figure.

Would you please tell me?

Ravi said:   1 decade ago
Similarly if you calculate Nandan's profit and add it the some will be not be 24500.

Rajas said:   8 years ago
It should be 50000*6+80000*30 because within 6mnth Simran invested that much money.

Bhagatsingh said:   9 years ago
How it's 36 months? Please explain it by step by step.

Thanks in advance.

Rakesh said:   1 decade ago
@Vivekanandh.

One year = 12 months. So, 3 years means 12*3=36.

Jacob Abonmai said:   3 years ago
@All.

You all are well said. Thanks for making me understand.

Rohan said:   2 years ago
Thanks everyone for explaining the answer in detail.
(1)

MANOJ ROCKY said:   1 decade ago
Awesome explanation. Well said :).


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