Jasvin ThinksPracticeMock testsCurrent affairs

UPSC Prelims 2002 Q104: Science & Technology – Quantitative Aptitude

UPSC Prelims 2002, General Studies Paper I · Science & Technology

Amit started a business by investing Rs 30,000. Rahul joined the business after some time and invested Rs 20,000. At the end of the year, profit was divided in the ratio of 2 : 1. After how many months did Rahul join the business?
  1. (a) 2
  2. (b) 3
  3. (c) 4
  4. (d) 5

Answer: (b) 3

Explanation

Month in which Rahul joined Amit's business

PartnerInvestment x time
AmitRs 30,000 for 12 months = 3,60,000
RahulRs 20,000 for (12 − x) months = 20,000 (12 − x)
Profit ratioAmit : Rahul = 2 : 1
Equation3,60,000 = 2 × 20,000 (12 − x), so 12 − x = 9 and x = 3

Profit is shared in the ratio of investment multiplied by time. Amit's share is 30,000 × 12 = 3,60,000, and for a 2 : 1 ratio Rahul's share must be 1,80,000, which is 20,000 for 9 months. So Rahul joined after 3 months.

Answer: (b) 3.

Why each option is right or wrong

Key point

In partnership problems the profit ratio equals the ratio of (capital × months).

Remember

Profit ratio = capital × time ratio.

Common mistakes

Exam tip

Rahul's 9 months = 12 − 3; test option (b) first.

Sources

Practise UPSC Prelims PYQsTake a timed mock