A and B entered into partnership with 20000 and 30000 respectively. After 4 months A put in 5000 more. What is the difference between their share in the annual profit of rs.24,000?
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Difference between their share in the annual profit = 3,000
Explanation:
Solution :
Amount invested by A = 20,000
Amount invested by B = 30,000
After 4 months A put in 5,000 more
★ According to the Question :
A = (20,000 × 4 ) + (25,000 × 8)
= 80,000 + 2,00,000
= 2,80,000
A's Share = 2,80,000
B = 30,000 × 12
= 3,60,000
B's Share = 3,60,000
Ratio of A and B =
- A : B
- 2,80,000 : 3,60,000
28 : 36 = 7 : 9
A : B = 7 : 9
★ Annual profit = Rs. 24,000
• A = 24,000 × 7/16
= 10,500
• B = 24,000 × 9/16
= 13,500
★ Difference between their share in the annual profit
A 's Profit - B's Profit
= 13,500 - 10,500
= 3,000
Difference between their share in the annual profit = 3,000
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