Question

Ali, sohan and pradeep started a business investing rs. 15,000, rs. 30,000 and rs. 15,000 respectively. Ali invested rs. 15,000 and pradeep invested rs. 15,000 more in the business after 6 months. What will be sohan's share out of a profit of rs. 20,000 at the end of year

Answer 1

Answer:

Sohan's share out of the profit at the end of year will be Rs 8333.33

Step-by-step explanation:

Profit for 1 year = 20000

During first 6 months

=> profit for first 6 months = 10000

For the first 6 months their investment are 15000, 30000, 15000

=> ratio of their investment = 1 : 2 : 1

=> ratio of their profit during first 6 months = 1 : 2 : 1

=> sohan's profit during first 6 months = 2/4 x 10000 = 5000

During last 6 months

profit for last 6 months = 10000

For the last 6 months their investment are 30000, 30000, 30000

ratio of their investment = 1 : 1 : 1

=> ratio of their profit during last 6 months = 1 : 1 : 1

=> sohan's profit during last 6 months = 1/3 x 10000 = 3333.33

Hence sohan's net profit = 5000 + 3333.33 = Rs 8333.33