Question
Two friends, Neeraj and Kunal, started a partnership by investing in the ratio 11:7. After 3 months, Tanya joined with an amount equal to the average of both. At the end of 18 months, the business earned Rs. 7,44,000 in profit. What was Kunal’s profit?
Solution
ATQ,
Let investments be Rs. ‘11x’ and Rs. ‘7x’ respectively.
Tanya’s investment = (11x + 7x)/2 = Rs. ‘9x’
Profit share = (11x × 18) : (7x × 18) : (9x × 15) = 198 : 126 : 135
Simplify → 66:42:45
So, Kunal’s share = 744000 × (42/153) = Rs. 2,04,000
More Partnership Questions
- Puneet and Gaurav invested ₹40,000 and ₹24,000 respectively. For the next six months after the first month Puneet kept on removing ₹1000 while Gaurav kept ...
- A starts business with Rs.7000 and after 7 months, B joins with A as his partner. After a year, the profit divided in the 5:8. What is B’s contribution in ...
- ‘A’ invested Rs. 3500 in a business. ‘B’ joined x months later with an investment of Rs. 2500. If at the end of the year, B’s share in the profit is Rs. 28...
- ‘P’ started a business by investing Rs. 1,500. Six months later, ‘Q’ joined him by making an investment which is equal to 80% of the investment made by ‘P’...
- A and B started a business with investments in the ratio of 6:7 respectively. If after one year, the profit earned by A is Rs. 3000, then find the total pr...
- 'Amit' and 'Bikash' embarked on a business venture with initial investments of Rs. 20,000 and Rs. 25,000, respectively. After 3 months, 'Chims' entered the...
- P, Q and R invested their money in the ratio 4 : 5 : 7 respectively. The total amount invested by them was Rs. 5,90,000 and the profit earned was 40% of th...
- ‘M’ and ‘N’ started a business by investing Rs. 6,000 and Rs. 9,000 respectively. ‘x’ months later, they admitted ‘O’ as a partner who invested Rs. 12,000....
- A and B invest ₹42,000 and ₹36,000 respectively, in a business. At the end of the year, they make a profit of ₹87,220. Find B's share in the profit.
- P, Q, and R invested ₹1,00,000, ₹1,50,000, and ₹2,00,000, respectively, to start a business. At the end of the year, the total profit was ₹90,000. If P wit...