Question

Die vol
Gekant and Soiffuddin invested 240000 and 30,0000 respectively at the begining of
par to purchase a mini bus to run it on a route. After 4 months, their friend Peter joined
them with a capital of 81000. Shrikant and Soiffuddin have withdrawn that money in the
who of their capitals. Let us write by calculating the share of each if they make a profit of
739150 at the end of the year.
203
​

Answer 1

Answer:

Rs 73915,Rs 295660 and Rs 369575

Step-by-step explanation:

Ratio of capital of Shrikant and Soiffuddin

=240000/300000=24/30=4/5

Capital of peter= 81000

Shrikant and Soiffuddin divided this money  in ratio of their investment

So Amount withdrawn by  Shrikant=4/9*81000=36000

so amount withdrawn by  Soiffiddin=81000-36000=45000

Hence they shared the amount like :

(1) Peter : 81000 for 8 months

So his investment=81000*8=648000 Rs Month

(2)Shrikant:  240000 for 12 month -3600 for 8 months

=240000*12-36000*8=2880000-288000=2592000 Rs Month

3) Soffuddin: 300000*12-8*45000

=3600000-360000=3240000 Rs month

So their share ratio:

648000 : 2592000 : 3240000

=648:2592:3240

=108:432:540

=4:16:20

=1:4:5

Total proft=Rs 739150

Hence Share are:

(i) Peter=739150*1/10=Rs 73915

(ii)Shrikanth=73915*4/10= Rs 295660

(iii) Soffuddin: 739150*5/10=Rs 369575