1.

Sita, Geeta and Reeta start a boutique by investing Rs. 10,000 each. After 5 months Sita withdraw Rs. 2000, Geeta with draws Rs. 3000 and Reeta invest Rs. 6000 more. The profit at the end of the year was Rs. 36700, then what will be Geeta’s share.1. Rs. 66002. Rs. 77003. Rs. 88004. Rs. 99005. None of these

Answer» Correct Answer - Option 4 : Rs. 9900

Given

Their investing amount = Rs. 10,000

After 5 months, Sita withdrew = Rs. 2000, Geeta withdrew = Rs. 3000 and Reeta invest = Rs. 6000

Total profit at the end of the year = Rs. 36700.

Formula Used

Share = Amount × Time

Calculation

The ratio of investment of Sita, Geeta and Reeta = Sita ∶ Geeta ∶ Reeta

= (10000 × 5 + 8000 × 7) ∶ (10000 × 5 + 7000 × 7) ∶ (10000 × 5 + 16000 × 7)

= (50000 + 56000) ∶ (50000 + 49000) ∶ (50000 + 112000)

= (106000) ∶ (99000) ∶ (162000)

= 106 ∶ 99 ∶ 162

Sum of the ratio = 106 + 99 + 162 = 367

According to question∶

When, total share is 367 Rs. then profit = 36700

When share is Rs. 1 then profit = 36700/367 = Rs. 100

And when share is Rs. 99, then profit = 100 × 99 = Rs. 9900

Geeta share is Rs 9900.



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