Question

Two persons Rohit and Mohit started a business by investing*6 lakhs and 8 lakhs respectively. After 6 months, Mohit withdraw the whole amount but Sohan entered into a partnership by investing 50% less than the initial investment of Mohit. Find the total profit at the end of the year, if the share of Rohit is 60000?
(a 140000
(b) 100000
(c) 110000
(d) 120000
(e) None of these​

Answer 1

Answer:

The correct answer is option d ( 120000 )

Step-by-step explanation:

The ratio of share of Mohit, Rohit, Sohan = [6× 12] : [ 8×6] : [8 ×$\frac{50}{100}$ ×6]

                                                                    = 12 : 8 : 4

                                                                     = 3 : 2 : 1

Given the share of Rohit = 60000

Hence ,  Share = Total profit × ratio of rohit ÷ Total ratio

              60000 = Total profit × [$\frac{3}{3+ 2+1}$]

             Total profit = 60000 × 6 ÷ 3 = $\frac{360000}{3}$ = 120000

Hence, the total profit at the end of the year = 120000