Question
'Arjun' initiated a business with an investment of Rs.
1,200. After eight months, 'Bhishma' joined the business with an investment equivalent to 60% of 'Arjun's investment. If the total profit earned at the end of the year is Rs. 4,200, determine the profit share of 'Bhishma'.Solution
ATQ, Amount invested by ‘Bhishma’ = 1200 × 0.6 = Rs. 720 Ratio of profit shares of ‘Arjun’ and ‘Bhishma’ = (12 × 1200):(4 × 720) = 5:1 So, profit share of ‘Bhishma’ = 4200 × (1/6) = Rs. 700
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