Question
Aman invested ₹18,000 in a
business for 4 months before exiting. After Aman left, Bhuvan joined the business, investing ₹12,000 for a period of 3 months. If Bhuvan's share of the profit amounts to ₹12,000, what is the profit received by Aman?Solution
ATQ,
Ratio of profits of Aman and Bhuvan = 18000 × 4:12000 × 3 = 2:1 Profit received by Aman = 12000 × 2/1 = Rs. 24000
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