Multiple choice

Directions: Read the following information carefully and answer the questions given below. A # B means 'A is son of B' A $ B means 'A is wife of B' A * B means 'A is sister of B' A @ B means 'A is brother of B' A & B means 'A is father of B' Abinav, Durga and Gowrav jointly thought of engaging themselves in a business. It was agreed that Abinav would invest Rs. 13000 for 3 months, Durga, Rs. 16000 for 6 months and Gowrav, Rs. 30,000 for 5 months. Abinav wants to be the working member for which, he was to receive 10% of the profits. The profit earned was Rs. 14800. Calculate the share of Gowrav in the profit(approx).

  1. Rs. 3405.5

  2. Rs. 7010.5

  3. Rs. 5020.5

  4. Rs. 3425.5

  5. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

First, Abinav receives 10% of the Rs. 14,800 profit as a working member, which is Rs. 1,480, leaving Rs. 13,320 to be distributed. The remaining profit is divided in the ratio of their investment-months, which is (13000 * 3) : (16000 * 6) : (30000 * 5) = 39 : 96 : 150. Gowrav's share of the remaining profit is therefore (150 / 285) * 13320, which is approximately Rs. 7010.5.

AI explanation

The irrelevant blood relation symbols are ignored, and the working partner method is applied. Abinav receives 10 percent of the 14800 profit, which is 1480, leaving 13320 to be shared in the ratio of their effective capital: 13000 times 3, 16000 times 6, and 30000 times 5, which simplifies to 39 to 96 to 150 or 13 to 32 to 50. Gowrav's share is 50 divided by 95 of 13320, which is approximately Rs. 7010.5.

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