Question
Seeta, Geeta and Reeta invested Rs. 8000, Rs. 10000 and
Rs. 12000 respectively. Partnership condition is that, each will get interest on his capital at the rate of 15% per annum and the remaining profit will be divided in the ratio of their capitals. If at the end of the year the total profit is Rs. 5925, then find the share of Reeta on profit?Solution
Interest for Seeta = (8000×15×1)/100 = 1200 Interest for Geeta = (10000×15×1)/100 = 1500 Interest for Reeta = (12000×15×1)/100 = 1800 Total interest of (Seeta + Geeta + Reeta) = (1200+1500+1800) = 4500 Remaining profit = (5925-4500) = 1425 
According to the question, (4+5+6) units = 1425 15 units = 1425 1 unit = 95 Share of Reeta in remaining profit = 95 × 6 = 570 Total share of Reeta = 570+1800 = 2370
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