📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!
  • google app store apple app store
    • ✖

      Question

      Ravi and Sohan start a business by investing Rs 24,000

      and Rs 36,000 respectively. After 4 months, Tanu joins them with an investment of Rs 48,000. If the total profit at the end of the year is Rs 2,76,000, what is Tanu’s share in the profit?
      A 45000 Correct Answer Incorrect Answer
      B 77850 Correct Answer Incorrect Answer
      C 96000 Correct Answer Incorrect Answer
      D 85000 Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      Profit is divided in the ratio of (capital × time). Ravi: 24,000 for 12 months → 24,000 × 12 = 2,88,000 Sohan: 36,000 for 12 months → 36,000 × 12 = 4,32,000 Tanu: 48,000 for (12 − 4) = 8 months → 48,000 × 8 = 3,84,000 Ratio R : S : T = 2,88,000 : 4,32,000 : 3,84,000 Divide all by 48,000: R : S : T = 6 : 9 : 8 Sum of ratio = 6 + 9 + 8 = 23 Tanu’s share = (8/23) × 2,76,000 2,76,000 ÷ 23 = 12,000 So Tanu’s share = 8 × 12,000 = 96,000

      Practice Next
      More Partnership Questions
      ask-question