Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

Prakash, Mehul and Alok have invested a sum of ₹125000 in a business. Mehul invested ₹15000 more than Prakash and Alok invested ₹20000 more than Mehul. If the total earned profit is ₹17500 at the end of the year, then find their share of profit.

Options:

₹7490, ₹11984, ₹17976

₹3500, ₹5600, ₹8400

₹7940, ₹7054, ₹17500

₹5100, ₹6943, ₹7140

Correct Answer:

₹3500, ₹5600, ₹8400

Explanation:

               Prakash      :      Mehul        :                Alok

Capital:        x            :   15000 + x    :     20000 + 15000 + x

                    x            :   15000 + x    :            35000 + x

ATQ,

⇒ x + 15000 + x + 35000 + x = 1,25,000

⇒ 3x + 50000 = 1,25,000

⇒ x = 25000

 Therefore,

               Prakash     :     Mehul    :      Alok

Capital:    25000      :     40000    :    60000

                    5          :         8        :        12

Profit   :       5          :         8        :         12   = 25R

*If time is same then investment ratio becomes profit ratio*

Here,

Total Profit = 25R =  17500

1R = 700

Profit are ⇒  3500, 5600, 8400