Question

    Ravi and Rohit started a business in partnership. Ravi

    invested Rs. 15,000. Rohit left the business after 6 months. If at the end of the year, the profit sharing ratio was 5:3, what was Rohit’s investment?
    A Rs.12,960 Correct Answer Incorrect Answer
    B Rs.18,000 Correct Answer Incorrect Answer
    C Rs.15,000 Correct Answer Incorrect Answer
    D Rs.21,000 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let Rohit’s investment be Rs. 'y'.

    (15,000 × 12) : (y × 6) = 5 : 3

    → 180000 : 6y = 5 : 3

    → 180000/6y = 5/3

    → 30000/y = 5/3

    → y = (30000 × 3)/5

    → y = Rs. 18,000

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