Question
Three friends Emily, Jake, and Lila decide to start a community gardening project.
Emily contributes $10,000 and stays invested for the full 12 months. Jake contributes $8,000 but withdraws his investment after 6 months.
Lila joins the project right after Jake exits, investing $12,000 for the remaining 6 months.
At the end of the year, the project makes a total profit of $24,000.
How should the profit be fairly distributed among Emily, Jake, and Lila based on their investment and duration?
Asked in Delhi Police Head Constable (Ministerial) · 2025
Partnership · Quantitative Aptitude
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Profit is divided in the ratio of Capital × Time for each partner.
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Questions Asked from Profit and Loss in Previous Exams
See how often Profit and Loss has appeared in previous-year questions across major government exams.
59UPSC Questions Asked in These Years:2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2026
39SSC Questions Asked in These Years:2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026
32Railways Questions Asked in These Years:2016, 2018, 2020, 2021, 2022, 2023, 2024, 2025, 2026
55State PSC Questions Asked in These Years:2002, 2004, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025
Profit and Loss has appeared in 185 previous-year exam questions, most frequently in UPSC, State PSC and SSC.
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