Target Exam

CUET

Subject

General Aptitude 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:

In a partnership, the profit is shared in the ratio of Capital $\times$ Time.

Step 1: Calculate capital $\times$ time

  • Sohan: ₹80,000 for 12 months

$80000 \times 12 = 960000$

  • Mohan: Joined after 6 months, so invested ₹65,000 for 6 months

$65000 \times 6 = 390000$

Step 2: Find the ratio

$960000 : 390000 = 32 : 13$

Step 3: Calculate Sohan's share

Total parts:

$32 + 13 = 45$

Sohan's share:

$\frac{32}{45} \times 20000 = 14222.22$