Question
Pihu and Monu started a business with investments of Rs.
3,840 and Rs. 4,800, respectively. After 9 months, Monu exited the business. Pihu, as the active partner, is entitled to 20% of the total profit, while the remaining profit is distributed between them in proportion to their investments. If Pihu's total earnings at the end of 15 months amount to Rs. 1,150, determine Monu's share of the profit.Solution
Ratio of profit share of Pihu and Monu respectively: = (3,840 X 15) :(4,800 X 9) = 4:3 Let the total profit be Rs. 7p. Profit share of Pihu = 0.2 X 7p + (4/7) X 0.8 X 7p = 1.4p + 3.2p = Rs. 4.6p So, 4.6p = 1,150 Or, 'p' = 250 Therefore, profit share of Monu = 7p - 4.6p = 2.4p = 2.4 X 250 = Rs. 600Â
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