ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!

    Question

    Ravi invested Rs. 18,000 in a business. After 8 months,

    Suresh joined with an investment of Rs. 22,000. If the total profit at the end of 2 years is Rs. 40,600, what is SureshтАЩs share of the profit?
    A Rs.12000 Correct Answer Incorrect Answer
    B Rs.18200 Correct Answer Incorrect Answer
    C Rs.12500 Correct Answer Incorrect Answer
    D Rs.17120 Correct Answer Incorrect Answer

    Solution

    ATQ;
    Ratio of profit share of тАШRaviтАЩ and тАШSureshтАЩ = [18000 ├Ч 24]:[22000 ├Ч 16] = 54:44
    Profit share of тАШSureshтАЩ = (44/98) ├Ч 40600 = Rs. 18,200

    Practice Next
    More Partnership Questions
    ask-question