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Vishnu and Deepak is two business partners. Vishnu invests Rs. 50,000 for 8 months and Deepak invests Rs. 20,000 for 10 months. Find the share of Vishnu from the total profit of Rs. 60,000.1. Rs. 40,0002. Rs. 42,0003. Rs. 42,5004. Rs. 44,5005. None of these |
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Answer» Correct Answer - Option 1 : Rs. 40,000 Given: Vishnu Invests (I1) = Rs.50000 Time (t1) = 8 months Deepak Invests (I2) = Rs.20000 Time (t2) = 10 months Total profit = Rs.60000 Formula: Profit = Investments × time Profit (P1)/Profit (P2) = (I1/I2) × (t1/t2) Calculation: We know that – Profit (P1)/Profit (P2) = (I1/I2) × (t1/t2) …….. (1) Put all the given values in equation (1) then we get (P1/P2) = (50000/20000) × (8/10) ⇒ (5/2) × (8/10) ⇒ 40/20 ⇒ 2/1 Now, Profit shares of Vishnu = (2/3) × 60000 ⇒ 2 × 20000 ⇒ 40000 ∴ The Profit shares of Vishnu will be Rs. 40,000 |
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