Question

Digambara started a business by investing 60000 six month leater join him by investing 40000 if they made a profit of 52000 the end of the Year how much they will get ​

Answer 1

Investment Amount -:

Digambara : ₹ 60000

His Partner : ₹ 40000

Investment Period -:

Digambara : 12 months

His Partner : 6 months

Ratio of investment Amount -:

= 60000 : 40000

= 3 : 2 (Dividing both by 20000)

Ratio of investment Period -:

=12 : 6

= 2 : 1 (Dividing both by 6)

Investment Period and Amount for both partners are different.

Therefore, profit share between partner is in ratio of product of there Investment Amount and period.

:. Profit Sharing Ratio = (3/2)*(2/1) = 3 : 1

:. Total profit share = 3 + 1 = 4

Digambara's share

= 3/4 X 52000

= ₹ 39,000

Digambara partner's share

= 1/4 X 52000

= ₹ 13,000