Question

    Suresh and Ramesh entered into a partnership. Suresh

    invested Rs. 2,400 more than Ramesh and withdrew his amount after 10 months. If the profit sharing ratio was 13:15, then what was the investment made by Suresh?
    A Rs.32000 Correct Answer Incorrect Answer
    B Rs.50000 Correct Answer Incorrect Answer
    C Rs.62400 Correct Answer Incorrect Answer
    D Rs.75000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let Ramesh’s investment be Rs. a

    Suresh’s investment = a + 2400

    Profit ratio = [(a + 2400) × 10] : [a × 12] = (5a + 12000) : 6a

    ATQ,

    (5a + 12000) : 6a = 13 : 15

    ⇒ 15 × (5a + 12000) = 13 × 6a

    ⇒ 75a + 180000 = 78a

    ⇒ 3a = 180000

    ⇒ a = 60000

    Investment of Suresh = 60000 + 2400 = Rs. 62,400

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