Kavitha and Sunitha are partners in a business. Kavita invests Rs.35000 for 8 months and Sunitha in
Rs.42000 for 10 months. Out of a profit of Rs.31570, find Kavita's share
Answers
Answer:
Kavita's Share = Rs. 12,628
Step-by-step explanation:
Given :
Kavita invests amount = Rs.35000
Sunita invests amount = Rs.42000
Kavita invests Rs.35,000 for 8 months
Sunita invests Rs.42,000 for 10 months
profit = Rs.31,570
To find :
Kavita's share
Solution :
- Kavita's Investment =
⇒ 35,000 × 8 = 2,80,000
Kavita's Investment = Rs. 2,80,000
- Sunita's Investment =
⇒ 42,000 × 10 = 4,20,000
Sunita's Investment = Rs. 4,20,000
- Kavita : Sunita
- 2,80,000 : 4,20,000
- 28 : 42
- 4 : 6
- 2 : 3
Profit = Rs.31,570
Kavita's Share = 31,570 × 2/5
⇒ 12,628
Kavita's Share = Rs. 12,628
∴ Kavita's Share = Rs. 12,628
Answer:
Given :-
- Kavitha and Sunitha are partners in a business. Kavitha invests Rs 35000 for 8 months and Sunitha invests Rs 42000 for 10 months. Out of a profit of Rs 31570.
To Find :-
- What is the Kavitha's share.
Solution :-
First, we have to find the ratio of capital of Kavitha and Sunitha :
Hence, the ratio of capital of Kavitha and Sunitha is 2 : 3 .
Now, it is given that :
- Total profit = Rs 31570
Now, we have to find the Kavitha's share as well as Sunitha's share :
_____________________________
The share of Kavitha is Rs 12628.
EXTRA INFORMATION :
Partnership Buisness :
- Partnership buisness generally builds up on some principles are decided of discussion among the partners.
Types Of Partnership Buisness :
There are two types of partnership buisness :
- Simple Partnership Buisness
- Compound Partnership Buisness