Question
Aman and Rohit started a business by investing Rs. 20,000 and Rs. 30,000 respectively. After 4 months, Aman withdrew (1/4) of his investment and Rohit added Rs. 10,000 to his investment. At the end of one year, the total profit earned was Rs. 64,000. Find the profit share of Rohit.
Solution
Profit share of Aman and Rohit
= {20000 X 4 + 20000 X (3/4) X 8}:{30000 X 4 + 40000 X 8} = {80000 + 120000}:{120000 + 320000} = 200000:440000 = 5:11 Total profit = Rs. 64,000 Profit share of Rohit = {11/(11 + 5)} X 64000 = (11/16) X 64000 = Rs. 44,000
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