NIACL Model Paper 2 with solutions for free online practice

Question : 23 of 100

Marks: +1, -0

Sonia started a business by investing ₹ 60000. Six months later Vivek joined her by investing ₹140000. After one year Kirti joined them by investing ₹ 120000. At the end of two years from the commencement of the business, they earn a profit of? 450000. What is Vivek’s share in the profit?

₹195000
₹ 222500
₹220000
₹ 210000
None of these

Validate

Solution:

The ratio of profits of Sonia, Vivek and Kirti is as follows
Sonia Vivek Kirti
60000 x 24:140000 x 18:120000 x 12
4 :7 : 4
Hence, the required share of Vivek

={450000×7}/{(4+7+4)}=30000×7=₹210000

Go to Question:

Prev Question

Next Question