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Quantitative Aptitude

Simple Interest & Compound Interest

Mahesh and Ki...

Question

Mahesh and Kishore started a business with investing Rs. $60, 000$ and $R s 50, 000$ respectively. If after 1 year they earned Rs. $33, 000$ profit, what will be kishore share?

15, 000

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30, 000

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35, 000

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20, 000

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Solution

The correct option is B $15, 000$
$r a t i o o f i n v e s m e n t b y M a h e s h a n d k i s h o r e = 60, 000 : 50, 000 = 6 : 5 (K p r o p o r t i o n a l i t y c o n s t a n t) n o w p r o f i t w i l l b e i n t h e s a m e r a t i o a s t h e i r i n e s t e d a m o u n t ∴ 6 k + 5 k = 33, 000 k = (\frac{33, 000}{11}) = 3000 ∴ k i s h o r e^{'} s s h a r e = 5 k = 5 \cdot 3000 = 15000 R s$

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Mahesh and Kishore started a business with investing Rs. 60,000 and Rs50,000 respectively. If after 1 year they earned Rs. 33,000 profit, what will be kishore share?

The correct option is B 15,000ratioofinvesmentbyMaheshandkishore=60,000:50,000=6:5(Kproportionalityconstant)nowprofitwillbeinthesameratioastheirinestedamount∴6k+5k=33,000k=(33,00011)=3000∴kishore′sshare=5k=5⋅3000=15000Rs

Mahesh and Kishore started a business with investing Rs. $60, 000$ and $R s 50, 000$ respectively. If after 1 year they earned Rs. $33, 000$ profit, what will be kishore share?