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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