A man owns 2/3 of the market research beuaro business and sells 3/4 of his…
2024
A man owns 2/3 of the market research beuaro business and sells 3/4 of his shares for Rs.75000. what is the value of business ?
- A.
120000
- B.
150000
- C.
140000
- D.
160000
Attempted by 63 students.
Show answer & explanation
Correct answer: B
Solution: Let x be the total value of the business.
The owner holds 2/3 of the business, and sells 3/4 of his shares.
Fraction sold = (2/3) × (3/4) = 1/2 of the total business.
The value sold is (1/2) x, and this equals Rs.75,000.
So (1/2) x = 75000 ⇒ x = 75000 × 2 = 150000.
Check: Half of Rs.150000 is Rs.75000, which matches the given sold amount.