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 a total profit rs. 20000. what is the share of Sohan in the profit?
Answers
Answer:
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 =
so, 14,222.22 rupees
Sohan's capital be C1 = 80000
Mohan's capital be C2 = 65000
Sohan's time be T1 = 12 months
Mohan's time be T2 = 6 months
Profit earned = 20000
Apply formula:Apti Partnership7
Therefore, Sohan's share = Apti Partnership8
Apti Partnership
Apti Partnership-q10
Solution: 2
Ratio of their profits = Apti Partnership11
Apti Partnership-q12
Therefore, Profit of Sohan: Profit of Mohan = 32:13
Then, Sohan's share =Apti Partnership7* 20000= 14222.2