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Telangana Police Constable 2018 · Question 19 of 125

Shekhar started a business investing ₹ 25,000 int he year 1999. After one year in 2000, he invested in an additional amount of ₹ 10,000 and Rajeev joined him with an amount of ₹ 35,000. After another year in 2001, Shekhar again invested another additional amount of ₹ 10,000 and Jain joined them with an amount of ₹ 35,000. Rajeev՚s share in the profit of ₹ 1,50, 000 earned at the end of 3 years from the start of the business in 1999 is

Partnership

  1. A₹ 35,000
  2. B₹ 40,000
  3. C₹ 50,000Correct
  4. D₹ 25,000

Answer: C. ₹ 50,000

Explanation

Capital-time: Shekhar 105000, Rajeev 70000, Jain 35000. Rajeev's share = (70000/210000) x 150000 = Rs.50000.

Source: Telangana Police Constable Preliminary Exam 2018 Official Paper (TSLPRB) via Examrace/Doorsteptutor

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