1) Sohan started a business with a capital of Rs-80000. After 6 months Mohan joined as a partner by investing Rs. 65000. After one year they earned total profit Rs. 20000. What is share of Sohan in the profit?
Answers
Share of Sohan’s profit is Rs. 14222.2
Let Sohan’s capital be C1 = Rs. 80000
Let Mohan’s capital be C2 = Rs. 65000
Sohan’s time T1 = 12 months
Mohan’s time T2 = 6 months
Profit = Rs. 20000
So now, we'll find out the ratio of their profits which is -
Profit of Sohan / Profit of Mohan = (C1*T1) /(C2*T2)
= (80000*12)/(65000*6)
=960000/390000
=32/13
Hence, profit of Sohan : profit of Mohan is 32 : 13
So, Sohan’s share = (32/45)*20000 = Rs. 14222.2
Hope that helps!
Given: Sohan started a business with a capital of Rs-80000. After 6 months Mohan joined as a partner by investing Rs. 65000. After one year they earned total profit Rs. 20000.
To find: We have to find out the profit of Sohan.
Solution:
Sohan started a business with a capital of Rs-80000. After 6 months Mohan joined as a partner by investing Rs. 65000.
So, Sohan invested his amount for 12 months and Mohan invested for 6 months.
Their investment ratio is-
This ratio is also profit ratio.
After one year they earned total profit Rs. 20000.
Sohan's profit is-
The share of Sohan in the profit is 14222.