P & Q enter into a partnership P invests Rs 8000 for 6 months and Q remains in the Business for 3 months. Out of the total profit Q claims ½ of the profit. What was Q’s contribution
Correct Answer : D
Abhishek started a business with an investment of Rs 50,000. After one year, he invested another Rs 30,000 and now Sunil joined him with Rs 70,000. If the total profit earned during the three years from the beginning is Rs 84,000, how much will Sunil get out of it
Two men X and Y started working for a certain company at similar jobs on January 1, 1950. X asked for an initial salary of Rs 300 with an annual increment of Rs 30. Y asked for an initial salary of Rs 200 with a rise of Rs 15 every six months. Assume that the arrangements remained unaltered till December 31, 1959. Salary is paid on the last day of the month. What is the total amount paid to them as salary during the period
A, B and C enter into a partnership. They invest Rs. 40,000, Rs. 80,000 and Rs. 1,20,000 respectively. At the end of the first year, B withdraws Rs. 40,000, while at the end of the second year, C withdraws Rs. 80,000. In what ratio will the profit be shared at the end of 3 years?