Question

    A man invested ₹50,000 in a business. After 6 months,

    another partner joined with ₹80,000. At the end of the year, the total profit was ₹60,000. Find the share of the first partner in the profit.
    A ₹20,000 Correct Answer Incorrect Answer
    B ₹22,500 Correct Answer Incorrect Answer
    C ₹24,000 Correct Answer Incorrect Answer
    D none Correct Answer Incorrect Answer

    Solution

    First partner’s capital: ₹50,000 for 12 months = 50,000 × 12 = 6,00,000.  Second partner’s capital: ₹80,000 for 6 months = 80,000 × 6 = 4,80,000.  Ratio = 6,00,000:4,80,000 = 5:4.  Share of first partner = (5/9) × 60,000 = ₹33,333.  Correct option: d

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