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Vijay Kumar

· started a discussion

· 1 Months ago

because there is no year mention

Question:

Sonu start a business with an investment of Rs.1,00,000. After three months Monu join him with a capital of Rs.1,50,000. Find the share of Sonu in the profit of Rs.51,000.

Options:
A) Rs.24000
B) Rs.28000
C) Rs.27000
D) Rs.20000
E) None of these
Solution:
Ans: (a) The ratio of investments of Sonu and Monu = (12 x 100000) / (9 x 150000) = \(\cfrac{8}{9}\)

Ratio of profit of Sonu and Monu = \(\cfrac{8}{9}\)

Share of Sonu = \(\cfrac{8}{17}\) x 51000 = Rs.24000

Knowledge Expert

· commented

· 1 Months ago

Dear Student, The correct explanation has been provided.Do recheck it.
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Best Wishes.
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