Varun, Sachin and Kowshi, enter into a partnership.
Question 1:
Varun, Sachin and Kowshi, enter into a partnership. Varun puts Rs. 500 for 3 months. Sachin Rs. 650 for 8 months and Kowshik Rs. 300 for 11 months. They gain Rs., 840. Find the share of Kowshik.
A.Rs. 260.20
B.Rs. 126
C. Rs. 277.20
FeedbackVarun, Sachin, Koushik's investments 500, 650, 300 Investment period = 3, 8, 11 Profit ratio 500 x 3 : 650 x 8 : 300 x 11 Total profit = Rs 840 Share of Koushik = 33 parts = (840/100) x 33 = 277.20
D.Rs. 300.80
These questions are from this test. Would you like to take a practice test?