Xavier Aptitude Test 2012 Paper

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Question : 83 of 85

Marks: +1, -0

Ram and Shyam form a partnership (with Shyam as working partner) and start a business by investing Rs. 4000 and Rs. 6000 respectively. The conditions of partnership were as follows:

• In case of profits till Rs. 2,00,000 per annum, profits would be shared in the ratio of the invested capital.

• Profits from Rs.2,00,001 till Rs. 4,00,000 Shyam would take 20% out of the profit, before the division of remaining profits, which will then be based on ratio of invested capital.

• Profits in excess of Rs.4,00,000, Shyam would take 35% out of the profits beyond Rs. 4,00,000, before the division of remaining profits, which will then be based on ratio of invested capital.

If Shyam's share in a particular year was Rs. 3,67,000 which option indicates the total business profit (in Rs.) for that year?

5,20,000
5,30,000
5,40,000
5,50,000
None of the above

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