Rahim sand Salim started a business by investing Rs. 16000 and Rs. 24000
respectively. At the end of 6 months they allowed Khan with a capital of Rs.
36000. If they got a profit of Rs. 63800. Find the share of Khan.
Answers
Answer:
According to question
Share of A : Share of B : Share of C
= 18000×12:24000×8+24000×2:15000×4+18000×4
= 18 : 20 : 11
B's share of profit = 2049×12005 = Rs.4,900/-
Khan shares a profit of Rs 8,321.73
Given:
Amount invested by Rahim = Rs 16000
Amount invested by Salim = Rs 24000
Amount invested by Khan = Rs 36000
Total profit after 6 months = Rs. 63800
To find :
The share of Khan in a profit
we know that,
Total amount = amount invested x number of months
Total amount invested by Rahim = 16000 x 6 = 96000
Total amount invested by Salim = 24000 x 6 = 144000
Total amount invested by Khan = 36000
The ratio of their investment i.e,
A : B : C = 96000 : 144000 : 36000
= 8 : 12 : 3
Khan's share in profit is
= (3/23) × 63800
= 8,321.73
Therefore Khan shares a profit of Rs 8,321.73
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