{"id":152878,"date":"2023-07-27T13:44:54","date_gmt":"2023-07-27T08:14:54","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=152878"},"modified":"2023-07-27T13:46:44","modified_gmt":"2023-07-27T08:16:44","slug":"x-and-y-enter-into-a-partnership-for-a-year-x-invests-rs-6000-and-y-invests-rs-8000-after-4-months-they-admit-z-who-invests-rs-9000-if-y-withdraws-his-contribution-after-6-months-how-would-t","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/x-and-y-enter-into-a-partnership-for-a-year-x-invests-rs-6000-and-y-invests-rs-8000-after-4-months-they-admit-z-who-invests-rs-9000-if-y-withdraws-his-contribution-after-6-months-how-would-t\/","title":{"rendered":"X and Y enter into a partnership for a year. X invests Rs. 6000, and Y invests Rs. 8000. After 4 months, they admit Z, who invests Rs. 9000. If Y withdraws his contribution after 6 months, how would they share a profit of Rs 1000 at the end of the year?"},"content":{"rendered":"\n<figure class=\"wp-block-table\"><table><tbody><tr><td>Question<\/td><td colspan=\"2\">X and Y enter into a partnership for a year. X invests Rs. 6000, and Y invests Rs. 8000. After 4 months, they admit Z, who invests Rs. 9000. If Y withdraws his contribution after 6 months, how would they share a profit of Rs 1000 at the end of the year?<\/td><\/tr><tr><td>Type<\/td><td colspan=\"2\">multiple_choice<\/td><\/tr><tr><td>Option<\/td><td>350, 300, 350<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>375, 250, 375<\/td><td>correct<\/td><\/tr><tr><td>Option<\/td><td>400, 300, 300<\/td><td>incorrect<\/td><\/tr><tr><td>Option<\/td><td>100, 600,300<\/td><td>incorrect<\/td><\/tr><tr><td>Solution<\/td><td colspan=\"2\">X&#8217;s capital be C1 = 6000<br>Y&#8217;s capital be C2 = 8000<br>Z&#8217;s capital be C3 = 9000<br>X&#8217;s time be T1 = 12 months<br>Y&#8217;s time be T2 = 6 months<br>Z&#8217;s time be T3 = 8 months<br>Profit = 1000 The profit will be divided in the ratio:- (C1 * T1): (C2 * T2): (C3 * T3)<br>(6000*12): (8000*6): (9000*8)<br>i.e., 72000: 48000: 72000<br>Or, 72:48:72<br>Divide the whole equation by 24.<br>The ratio will be 3: 2: 3<br>Sum of the ratios will be 3+2+3= 8 Apply formula: X&#8217;s share = (X&#8217;s ratio\/ sum of all three ratios)* total profit<br>Hence, X&#8217;s share is (3\/8) * 10000 = 375<br>X&#8217;s and Z&#8217;s share are equal in ratio, so Z&#8217;s share =375<br>Y&#8217;s share = 1000 &#8211; (A + B)&#8217;s share<br>= 1000 &#8211; 750 = 250<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Question X and Y enter into a partnership for a year. X invests Rs. 6000, and Y invests Rs. 8000. After 4 months, they admit Z, who invests Rs. 9000. If Y withdraws his contribution after 6 months, how would they share a profit of Rs 1000 at the end of the year? Type multiple_choice [&hellip;]<\/p>\n","protected":false},"author":984,"featured_media":152879,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[5138],"tags":[5139],"class_list":["post-152878","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-quantitative-aptitude","tag-quantitative-aptitude"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/152878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/984"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=152878"}],"version-history":[{"count":2,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/152878\/revisions"}],"predecessor-version":[{"id":152885,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/152878\/revisions\/152885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/152879"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=152878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=152878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=152878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}