Question of the day:
Suresh started a business with Rs.20,000. Kiran joined him after 4
months with Rs.30,000. After 2 more months, Suresh withdrew Rs.5,000 of
his capital and 2 more months later, Kiran brought in Rs.20,000 more.
What should be the ratio in which they should share their profits at the
end of the year?
a) 21 : 32 b)17 : 25 c) 32 : 21 d)None
Answer : Option A
ReplyDeleteExplanation :
Here capital is not the same.
Suresh invest 20000 for initial 6 months and 15000 for the next 6 months.
Hence his term of ratio
=( 20000*6 + 15000*6)
Kiran invest Rs.30000 for 4 months and Rs.50000 for next 4 months.
Hence his term of ration
= (30000*4 : 50000*4)
Suresh : Kiran = ( 20000*6 + 15000*6) : (30000*4 : 50000*4)
= (20*6 + 15*6) : (30*4 + 50*4)
= (20*3 + 15*3) : (30*2 : 50*2)
= 105:160
= 21:32