Question
In a business there are two partners βPβ and
βQβ. βPβ started the business with the capital of Rs. 24000 and after 3 months βQβ joined him with the capital of Rs. 40000. At the end of the year find the profit share of βQβ out of the total profit of Rs. 2250.Solution
ATQ,
Capital Γ Time: P = 24000 Γ 12 = 288000 Q = 40000 Γ 9 = 360000 Ratio (P:Q): 288000 : 360000 = 24 : 30 = 4 : 5 Total Profit = 2250 Pβs share = (4/9) Γ 2250 = 1000 Qβs share = (5/9) Γ 2250 = 1250 Hence, Qβs profit share = Rs. 1250
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