Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Partnership

Question:

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?

 

Options:

5222.2

14222.2

6222.2

6777.7

Correct Answer:

14222.2

Explanation:

\(\frac{ \text{Profit of Sohan}}{\text{Profit of Mohan}}\) = \(\frac{\text{Amount invested by Sohan * months}}{ \text{Amount invested by Mohan * months}}\)

\(\frac{\text{80000 x 12}}{ \text{65000 x 6}}\) = \(\frac{32}{13}\)

Profit by Sohan = \(\frac{32}{ 45}\) x 20000 = 14222.2