Question
Sudeep and Sandeep invested in a partnership,
contributing their capitals in the ratio of 16:19. They invested for periods of 5 months and 7 months, respectively. If the total profit from the business was Rs. 8520, what is the difference between their shares of the profit?Solution
Ratio of investment of Sudeep to Sandeep = (16 × 5):(19 × 7) = 80:133 Profit share of Sudeep = 80/213 × 8520 = Rs. 3200 Profit share of Sandeep = 8520 – 3200 = Rs. 5320 Desired difference = 5320 – 3200 = Rs. 2120 Hence, option b.
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