Question
'G' and 'H' entered into a partnership with 'G'
investing 30% more than 'H'. After 10 months, 'H' took out his investment. If the difference in their profit shares by year-end was Rs.12,000, what was 'H's profit share?Solution
ATQ, Let 'H's investment be Rs. '10x'. So, 'G's investment = 1.3 × 10x = 13x Profit share ratio = (13x × 12) : (10x × 10) = 156:100 = 39:25 Let their profits be '39y' for 'G' and '25y' for 'H'. 39y - 25y = 12,000 So, y = 12,000/14 = 857.14 Profit share of 'H' = 25y = 25 × 857.14 = Rs. 21,428.5
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