Sohan started a business with a capital of rs. 80000. After 6 months mohan joined as a partner by investing rs. 65000. After one year they earned total profit rs. 20000. What is share of sohan in the profit?
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Sohan's share of profit is Rs 14222.22
Answered by
6
Answer:
14,222.22 rupees
Step-by-step explanation:
Given,
The investment of Sohan = 80000 rupees,
Time = 1 year = 12 months,
While, the investment of Mohan = 65000 rs,
Time = 6 months,
We know that,
Profit is jointly proportional to investment and time,
Thus, the ratio of profits of Sohan and Mohan
= 80000 × 12 : 65000 × 6
= 960000 : 390000
= 96 : 39
= 32 : 13
Let Sohan's profit = 32x and Mohan's profit = 13x,
Where, x is any positive real number,
So, the total profit = 32x + 13x = 45x
According to the question,
45x = 20000
Hence, the share of Sohan in the profit = 32x =
= 14,222.22 rupees
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