Question
"Ankita" invested Rs. 4,000 to launch a business. After
ten months, "Vicky" joined him and contributed Rs.6000, while "Ankita" added another Rs.1000 to his investment. Determine "Ankita's" profit share if, after 1.5 years, the total profit earned is Rs.8000.Solution
ATQ, Ratio of profit share of βAnkitaβ and βVickyβ, respectively = [4000 Γ 10 + 5000 Γ 8]:[6000 Γ 8] = 80000:48000 = 5:3 Profits share of βAnkitaβ = (5/8) Γ 8000 = Rs.5000
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