New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    Pooja and Ritu started a partnership by investing Rs. 1050

    and Rs. 900 respectively. After 6 months, Pooja increased her capital by Rs. 210, while Ritu decreased her capital by Rs. 180. If the total annual profit is Rs. 62400, what is the difference between their shares?
    A 12540 Correct Answer Incorrect Answer
    B 10944 Correct Answer Incorrect Answer
    C 10148 Correct Answer Incorrect Answer
    D 21135 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Ratio of profit share of Pooja to Ritu = [1050 × 6 + (1050 + 210) × 6] : [900 × 6 + (900 – 180) × 6]

    = (6300 + 7560):(5400 + 4320) = 13860 : 9720 = 77 : 54

    Difference = {(77 – 54)/(77 + 54)} × 62400 = (23/131) × 62400 = Rs. 10944

    Practice Next