Sarita started a boutique investing an amount of 50,000. Six months later Neeta joined her with an amount of 80,000. At the end of one year they earned a profit of 18, 000. What is Sarita’s share in the profit?
Answers
Answered by
0
Answer:
Solution
Amount invested by Sarita = Rs. 50,000 and amount invested by Neeta = Rs. 80,000
Ratio of amount invested by Sarita : Neeta = 5 : 8
Time period in which Sarita invested = 12 months and Neeta = 6 months
Ratio of time periods of Sarita : Neeta = 2 : 1
=> Ratio of profits earned by Sarita : Neeta =
(
5
×
2
)
:
(
8
×
1
)
= 5 : 4
Total profit earned = Rs. 18,000
∴
Sarita’s share in the profit =
5
(
5
+
4
)
×
18
,
000
=
5
×
2
,
000
=
R
s
.
10
,
000
=> Ans - (D)
Answered by
0
Answer:
it depends on the profit sharing ratio agreed in the agreement of partnership
Step-by-step explanation:
since no such ratio is given in this case we have to divide profits equally that is 9000 each
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