Question 131

Anil started a business with an investment of Rs. 25,000. After 3 months, Vishal joined his business with a capital of Rs. 30,000. At the end of the year, they have made a profit of Rs. 19,000. What will be Anil’s share in the profit ?

Solution

Anil invested Rs. 25,000 for 12 months and Vishal invested Rs. 30,000 for 9 months

=> Ratio of profits = $$(25,000\times12):(30,000\times9)$$

= $$300:270=10:9$$

Total profit = Rs. 19,000

$$\therefore$$ Anil's share in the profit = $$\frac{10}{(10+9)}\times19,000$$

= $$10\times1000=Rs.$$ $$10,000$$

=> Ans - (A)

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