Question
‘A’ and ‘B’ entered into a partnership by
investing Rs. 8000 and Rs. 3000, respectively. If ‘A’ invested his sum for only 9 months and the total annual profit earned by them together is Rs. 15000, then find the total profit earned by ‘B’.Solution
Ratio of profit share of ‘A’ and ‘B’ = (8000 × 9):(3000 × 12) = 2:1 Total profit earned by ‘B’ = (1/3) × 15000 = Rs. 5000
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