Question

76. Pankaj started a business investing Rs.42000.
After 4 months Nitin joined with a capital of
Rs. 57000. At the end of the year the total profit
was Rs.26000. What is the difference between
the share of profits of Pankaj and Nitin ?​

Answer 1

Answer:

Rs. 1300

Step-by-step explanation:

Let Pankaj be A and Nitin be B

A : B = 42000 x 12 : 57000 x 8

A : B = 21 : 19

A= 21/40x26000 = 13650

B= 19/40x26000 = 12350

Therefore, A - B = 13650 - 12350

Hence, the difference between the Share of profits of Pankaj and Nitin is Rs. 1300