Question
βRβ invested Rs. 1,800 in a business. After 5
months, βSβ joined with an amount equal to 75% of Rβs investment. If the total profit at year-end is Rs. 9,200, find Sβs share in the profit.Solution
Amount invested by βSβ = 1800 Γ 0.75 = Rs. 1350 Ratio of profit shares of βRβ and βSβ = (12 Γ 1800):(7 Γ 1350) = 21600:9450 = 24:10.5 = 16:7 So, profit share of βSβ = 9200 Γ (7/23) = Rs. 2,800
More Partnership Questions
Match Column I and Column II and choose the correct match from the given choice