Q. 94.2( 36 Votes )

Pradipbabu and Aminabibi started a business by investing ₹24000 and ₹30000 respectively at the beginning of a year. After 5 months Pradipbabu invested the capital of ₹4000 more. If the yearly profit was ₹27716, let us write by calculating the share of each of them.

Answer :

Pradipbabu’s initial investment = ₹24000 for a year


= 24000 × 12


= ₹288000


Later, Pradipbabu invested = ₹4000 for 7 months


= 4000×7


= ₹28000


So, Pradipbabu’s total investment = ₹288000 + ₹28000


= ₹316000


Aminabibi’s initial investment = ₹30000 for a year


= 30000×12


= ₹360000


Ratio of capital invested = 316000 : 360000


= 79:90


Total profit = ₹27716


Hence, their shares of profit in ratio of their capitals are:



= ₹12956



= ₹14760


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