MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Types of Investments and Understanding Profitability

Sushma invest...

Question

Sushma invested ₹40000 in her new food business. In the first year she suffered a loss of 10%. She invested the amount left with her in a metal business and made a 12% profit on it. Calculate the overall profit or loss that she incurred.

A

₹320 profit

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

₹400 profit

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

₹360 loss

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

₹400 loss

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A ₹320 profit
Sum invested = ₹40000
Loss incurred = $\frac{10}{100} \times 50000 =$ ₹4000
Sum left at the end of 1 year
= ₹40000 - ₹4000 = ₹36000
Profit made on ₹36000 = $\frac{12}{100} \times 36000 =$ ₹4320
Amount = ₹36000 + ₹4320 = ₹40320
Since 40320 > 40000
Profit = ₹40320 - 40000 = ₹320

Suggest Corrections

thumbs-up

0

Similar questions

Q. Sumit borrowed a capital of Rs. 50,000 to start his food products business. In the first year he suffered a loss of 20%. He invested the remaining capital in a new sweets business and made a profit of 5%. How much was his profit or loss computed on his original capital ?

Q. Sumit borrowed capital of Rs.

50, 000

to start his food products business. In the first year, he suffered a loss of

20 %

. He invested the remaining capital in a new sweets business and made a profit of

5 %

. How much was his profit or loss computed on his original capital?

Q. A woman suffered

20 %

loss on first investment and made

10 %

profit at second investment and

12 %

profit on the third investment. If the invested amount be in the ratio of

4 : 5 : 3

, find her profit percentage?

Q. Q Hema started a business by investing ` 2,50,000. During the first three successive years, she earned a profit of 5%, 10% and 12% per annum respectively. If in each year, the profit was added on the capital at the end of the previous year, calculate her total profit after 3 years.

Q. Suchitra started a business on 1st April, 2013 with a Capital of ₹ 50,00,000. On 31st March, 2014 her total Assets were ₹ 60,00,000 and Creditors were 3,00,000. She withdrew during the year for her personal expenses ₹ 10,000 per month upto 30th June, 2013 and thereafter ₹ 15,000 per month upto 31st March, 2014. During the year she sold her personal investments of ₹ 80,000 at 5% loss and introduced that amount in the business.
You are required to prepare a Statement of Profit or Loss for the year ending 31st March, 2014.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Types of Investments and Understanding Profitability

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Types of Investments and Understanding Profitability

Standard IX Mathematics

Join BYJU'S Learning Program

CrossIcon