Question:
Sumant started a business investing Rs 48,000. After 6 months Maurya joined him with a capital of Rs 56,000. At the end of the year the total profit was Rs 24,529. What is the difference between the share of profits of Sumant and Maurya?
Sumant started a business investing Rs 48,000. After 6 months Maurya joined him with a capital of Rs 56,000. At the end of the year the total profit was Rs 24,529. What is the difference between the share of profits of Sumant and Maurya?
Updated On: Oct 15, 2024
- Rs 6,455
- Rs 7,775
- Rs 5,545
- Rs 4,875
- None of these
Hide Solution
Verified By Collegedunia
The Correct Option is
Solution and Explanation
Sumant = 12*48000
Maurya = 6*56000
Sumant: Maurya = 12:7
Share of profit of Sumant = 12/19 * 24529 = 12 * 1291 = Rs 15492
Share of profit of Maurya = Rs 9037
Difference between the share of profit of Sumant and Maurya
=15492 - 9037 = Rs 6455.
The Correct option is(E)
Maurya = 6*56000
Sumant: Maurya = 12:7
Share of profit of Sumant = 12/19 * 24529 = 12 * 1291 = Rs 15492
Share of profit of Maurya = Rs 9037
Difference between the share of profit of Sumant and Maurya
=15492 - 9037 = Rs 6455.
The Correct option is(E)
Was this answer helpful?
0
0
Top Questions on Profit & Loss
- A shopkeeper sells two tables, each procured at cost price p, to Amal and Asim at a profit of 20% and at a loss of 20%, respectively. Amal sells his table to Bimal at a profit of 30%, while Asim sells his table to Barun at a loss of 30%. If the amounts paid by Bimal and Barun are x and y, respectively, then \(\frac{(x −y) }{ p}\) equals
- CAT - 2019
- Quantitative Aptitude
- Profit & Loss
- Mukesh purchased 10 bicycles in 2017, all at the same price. He sold six of these at a profit of 25% and the remaining four at a loss of 25%. If he made a total profit of Rs. 2000, then his purchase price of a bicycle, in Rupees, was
- CAT - 2019
- Quantitative Aptitude
- Profit & Loss
- Two types of tea, A and B, are mixed and then sold at Rs. 40 per kg. The profit is 10% if A and B are mixed in the ratio 3 : 2, and 5% if this ratio is 2 : 3. The cost prices, per kg, of A and B are in the ratio
- CAT - 2018
- Quantitative Aptitude
- Profit & Loss
- A wholesaler bought walnuts and peanuts, the price of walnut per kg being thrice that of peanut per kg. He then sold 8 kg of peanuts at a profit of 10% and 16 kg of walnuts at a profit of 20% to a shopkeeper. However, the shopkeeper lost 5 kg of walnuts and 3 kg of peanuts in transit. He then mixed the remaining nuts and sold the mixture at Rs. 166 per kg, thus making an overall profit of 25%. At what price, in Rs. per kg, did the wholesaler buy the walnuts?
- CAT - 2018
- Quantitative Aptitude
- Profit & Loss
- If a seller gives a discount of 15% on retail price, she still makes a profit of 2%. Which of the following ensures that she makes a profit of 20%?
- CAT - 2017
- Quantitative Aptitude
- Profit & Loss
View More Questions
Questions Asked in NMAT exam
- Sumeet spends 10% of his salary on his child’s education, 20% of the remainder on rent and 25% of the balance on garments. Finally, he is left with $ 5,400. What is his salary?
- NMAT - 2022
- Commercial Maths
- Directions: Go through the given table and solve the questions based on it
State
Total Population
(in Lakhs)Male Population
(in Lakhs)Rural Population
(\(\%\))Area
(in Sq. Km)2001 2006 2001 2006 2001 2006 Uttar Pradesh 1660 1731 875 911 71 70 2,38,576 Madhya Pradesh 603 674 314 360 72 71 3,08,144 Andhra Pradesh 761 823 385 417 69 68 2,75,068 Tamil Nadu 624 697 315 348 70 67 1,30,058 Orissa 368 384 186 195 73 72 1,55,707 Maharashtra 968 1013 504 527 68 66 3,07,713 West Bengal 802 865 412 446 69 68 88,752 - NMAT - 2022
- Percentage
- Directions: Go through the given graphs and solve the questions based on them.
- NMAT - 2022
- Percentage
- Directions: Read the passage below. Solve the question based on the information in the passage.
Ajay would do five tasks: A, B, C, D and E, starting at 9:00 a.m. A is the first task and takes 2 hours. B can be done after A is complete and requires 1 hour. Work on C, which would take 1 hour, can start only after A and B are completed. Ajay can do task D along with B and C, and would take 3 hours. Activity E, with duration of 1 hour, can start upon completion of A, B, C and D.- NMAT - 2022
- Puzzle
- Directions: In a marriage party, 278 guests were present. Twenty guests took Pepsi and Dew, 23 guests took Dew and Sprite, 21 guests took Pepsi and Sprite, and 9 guests took all three cold drinks (Pepsi, Sprite and Dew). It is also known that there were equal numbers of bottles of each of the three kinds (Pepsi, Dew and Sprite).
- NMAT - 2022
- Puzzle
View More Questions