41 Views

Question : X, Y, and Z enter into a partnership. X invests some money at the beginning. Y invests thrice the amount of X after 4 months and Z invest double the amount of Y after 9 months from the beginning. If the annual gain is INR 4,50,000, then what is the share of Y?

Option 1: INR 2,00,000

Option 2: INR 1,50,000

Option 3: INR 1,00,000

Option 4: INR 3,00,000


Team Careers360 2nd Jan, 2024
Answer (1)
Team Careers360 7th Jan, 2024

Correct Answer: INR 2,00,000


Solution : Let $x$ be the amount invested by X.
Investment ratio
= $x ×12 : 3x×8 : 6x×3$
= 12 : 24 : 18
= 2 : 4 : 3
Their investment ratio = Ratio of their profit share.= 2 : 4 : 3
Total gain = INR 450000
Share of Y = $\frac{4}{2+4+3}$ × 4,50,000
= 4 × 50,000
= INR 2,00,000
Hence, the correct answer is INR 2,00,000.

Know More About

Related Questions

Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books