📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    X and Y invested Rs. 6,000 and Rs. 8,000 in a business.

    Y withdrew his investment after 9 months. If the total profit at the end of the year is Rs. 3,300, find Y’s share of profit.
    A Rs.1,600 Correct Answer Incorrect Answer
    B Rs.1,650 Correct Answer Incorrect Answer
    C Rs.2,050 Correct Answer Incorrect Answer
    D Rs.3,650 Correct Answer Incorrect Answer

    Solution

    ATQ, Ratio of profit share of X and Y respectively = (6,000 × 12) : (8,000 × 9) = 72,000 : 72,000 = 1 : 1 Profit share of Y = (1 ÷ 2) × 3,300 = Rs. 1,650

    Practice Next
    More Partnership Questions
    ask-question