Partnership - Quantitative Aptitude (MCQ) questions for Q. 21476

Q.  Kiran started a business investing Rs. 20,000. After 4 months, Sanket joined with a capital of Rs. 12000. At the end of the year, they earn a profit of Rs. 14,000. Find what will be the share of Sanket in the profit?
- Published on 04 May 16

a. Rs. 2880
b. Rs. 3000
c. Rs. 4000
d. Rs. 3700
e. Rs. 3560

ANSWER: Rs. 4000
 
Kiran : Sanket = (20000 * 12) : (12000 * 8) = 5 : 2
Sanket's share = Rs. 14,000 * (2/7) = Rs. 4000

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