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SSC Sample Paper Mock Test-5 SSC CGL Tear-II Paper-1

  • question_answer
    Mr. Rammurthy started a business investing Rs.  250000 in year 1998. In year 1999 he invested an additional amount of Rs. 100000 and Mr. Siddharth Rai joined him with an amount of Rs. 350000. In year 2000, Mr. Rammurthy invested another additional amount of Rs. 100000 and Mr. Rajan Babu joined them with an amount of Rs.  350000. What will be Siddharth Rai's share in the profit of Rs. 1500000 earned at the end of three years from the start of the business in 1998?

    A)  Rs. 700000                  

    B)  Rs. 500000

    C)  Rs. 450000                  

    D)  Rs. 750000

    Correct Answer: B

    Solution :

    Rammurthy's investments for 3 yr \[=(250000\times 3+100000\times 2+100000\times 1)\] = Rs. 1005000 Siddharth's investment for 3 yr \[=350000\times 2\]= Rs. 700000 Ranjan's investment for 3 yr \[=350000\times 1\]= Rs. 350000 \[\therefore \]Ratio= 1005000 : 700000 : 350000= 3 : 2 : 1 Siddhartha's profit \[=\frac{2}{3+2+1}\times 1500000\] = Rs. 500000


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