Question

Mohan and Vikas started a business by investing Rs 60000 and Rs 50000 respectively. After 4 months Mohan again invested Rs 20000 and at the end of the 10th month he withdrew Rs 30000 whereas Vikas invested Rs 30000 after 6 months. What is the ratio in which profit will be divided between Mohan and Vikas at the end of the year?​

Answer 1

Answer:

Mohan capital in the beginning 60000

he invested 20000 after 4 months , so capital is 80000 after 4 months

then 60000 invested for 4 months ,after 10 months he withdraw 30000 so capital is after 10 months is 50000 then 80000 capital is invested for next 6 months and then 50000 invested for 2 months

60000×4=240000

80000×6. =480000

50000×2 =100000

total. = 820000

Vikas invested 50000 in the beginning after 6 months he invested 30000

so hus capital after 6 months is 80000

50000 invested for 6 months

80000 invested for 6months

50000×6=300000

80000×6=480000

total =. 780000

profit sharing ratio

Mohan. : Vikas

820000:780000

82:78

41:39