Question

Mr. Nilesh Agrawal opened a workshop
investing Rs. 40,000. He invested additional
amount of Rs. 10,000 every year. After two
years his brother Suresh joined him with an
amount of Rs. 85,000. Thereafter Suresh did not
invest any additional amount. On completion
of four years from the opening of workshop
they earned an amount of Rs. 1,95,000. What
will be Nilesh’s share in the earning?
(a) Rs. 96,000 (b) Rs. 1,10,000
(c) Rs. 1,35,000 (d) Rs. 98,000

Answer 1

98,000 is the answer

Answer 2

Answer:

Option b is correct.

Step-by-step explanation:

Given:

Nilesh invested Rs. 40,000 for 4 years, Rs. 50,000 for 3 years ; Rs. 60,000 for 2 years and Rs. 70,000 for one year.

Suresh Invested Rs. 85,000 for 2 years.

To find: Nilesh's Share in total earning after 4 years thai is Rs. 1,95,00

Nilesh's total investment including time

= 40000 × 4 + 10000 × 3 + 10000 × 2 + 10000 × 1

= 160000 + 30000 + 20000 + 10000

= Rs. 220000

Suresh's total investment including time = 85000 × 2 = Rs. 170000

Total Investement by both= 220000 + 170000 = Rs. 390000

Total earnings from the workshop is 1,95,000.

Nilesh's share = 220000/390000 × 195000 = 22/39 × 195000 = Rs. 110000

Therefore, Option b is correct.