Question 1243 Partnership

What is R’s share of profit in a joit venture? I.Q started business investing Rs. 80,000. II. R joined him after 3 months. III. P joined after 4 months with a capital of Rs. 1,20,000 and got Rs. 6000 as his share profit.

Correct answer D. Even with all I, II and III, the answer cannot be arrived at

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Question 1244 Partnership

How much did Rohit get as profit at the year-end in the business done by Nitin, Rohit and Kunal? I.Kunal invested Rs. 8000 for nine months, his profit was times that of Rohit’s and his investment was four times that of Nitin.II.Nitin and Rohit invested for one year in the proportion 1: 2 respectively.III.The three together got Rs. 1000 as profit at the year end.

Correct answer D. All I, II and III

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Question 1245 Partnership

Rahul, Anurag and Vivek started a business together. In what proportion would the annual profit be distributed among them? I. Rahul got one-fourth of the profit.II.Rahul and Vivek contributed 75% of the total investment.

Correct answer B. II alone sufficient while I alone not sufficient to answer

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Question 1251 Logarithm

If ax = by, then:

Correct answer C. log a/ log b=y/x

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