Girish started a business with rs.25000. after three months, harish joins with an investment of rs.30000 and girish withdraws rs.5000 out of his capital. three months later, harish bought in rs.10000 more. at the end of the year what should be the ratio in which they share the profits?
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Answer : 51:66
Explanation :
Since capital is not the same, the ratio needs to be found out.
Girish invest 25000 for initial 3 months and 20000 for the next 9 months.
Girish’s term of ratio is:
=( 25000*3 + 20000*9)
Harish invest Rs.30000 for 3 months and Rs.40000 for next 6 months.
Harish’s term of ratio is:
= (30000*3 + 40000*6)
Girish: Harish = ( 25000*3 + 20000*9) : (30000*3 : 40000*6)
= (25*3 + 20*9) : (30*3 + 40*6)
= (25*3 + 20*9) : (30*3 + 40*6)
= 255:330
= 51:66
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