Join ExamsbookAnswer : 1. "Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840"
Ram and Raj start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Ram takes out Rs.1250 from his capital. After 1 more month, Raj takes out Rs.750 of his capital while Rakesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit ?5
Q: Ram and Raj start a business with investments of Rs. 2500 and Rs. 2250 respectively. After 2 months, Ram takes out Rs.1250 from his capital. After 1 more month, Raj takes out Rs.750 of his capital while Rakesh joins them with a capital of Rs. 3500. At the end of 6 months, they earn a profit of Rs. 2540. Which of the following is the share of each member in the profit ?
- 1Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840true
- 2Ram - Rs. 900, Raj - Rs. 800, Rakesh - Rs. 840false
- 3Ram - Rs. 840, Raj - Rs. 920, Rakesh - Rs. 840false
- 4Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 940false
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Answer : 1. "Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840"
Explanation :
Answer: A) Ram - Rs. 800, Raj - Rs. 900, Rakesh - Rs. 840 Explanation: Initial investment of Ram = Rs.2500.After 2 months he withdraw Rs.1250 from his capital.Therefore, we have, Ram invested Rs.2500 for 2 months and Rs.(2500-1250=) 1250 for 4 months. Raj invested Rs. 2250 for 3 months and Rs.(2250-750=) 1500 for 3 months. And, Rakesh invested Rs.3500 for 3 months; Their investing ratio:Ram:Raj:Rakesh = (2500x2 + 1250x4):(2250x3 + 1500x3):(3500x3)= (10,000):(11,250):(10,500) = 1000:1125:1050 = 40:45:42 Total profit for 6 months = Rs.2540Therefore, Ram's share = Rs.(2540 x 40/(40+45+42)) = Rs.(2540 x 40/127) = Rs.800Raj's share = Rs.(2540 x 45/127) = Rs.900Rakesh's share = Rs.(2540 x 42/127) = Rs.840