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Rajan Goyal

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Question:

Ragini and Surbhi enter into a partnership with investment of Rs. 50000 and Rs. 70000 respectively. Ragini gets 10% of the total profit for maintaining the business and the remaining profit is distributed between them in the ratio of their investments. If the total profit at the end of the years is Rs. 30000, find the total share of Surbhi.

Options:
A) Rs. 20000
B) Rs. 21500
C) Rs. 18750
D) Rs. 11250
E) None of these
Solution:
Ans: (c) Ratio of capital of Ragini and Surbhi = 50000 : 70000 = 5 : 7

Share of Surbhi for maintaining the business = Rs.\(\left ( \cfrac {10}{100}×30000 \right )\)= Rs. 3000

Remaining profit = Rs. (30000 – 3000) = 27000

Surbhi’s share in the remaining profit = Rs.\(\left ( \cfrac {7}{12}×27000 \right )\)= Rs. 15750

Hence, Surbhi’s total share = Rs. (15750 + 3000) = 18750.

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