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Discussion :: Partnership

  1. Sohan started a business with a capital of Rs. 80000. After 6 months Mohan joined as a partner by investing Rs. 65000. After one year they earned total profit Rs. 20000. What is share of Sohan in the profit?

    2. A.
    Rs. 5222.2
    B.
    Rs. 14222.2
    C.
    Rs. 6222.2
    D.
    Rs. 6777.7

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    Answer : Option B

    Explanation :

    Sohan's capital be C1 = 80000

    Mohan's capital be C2 = 65000

    Sohan's time be T1 = 12 months

    Mohan's time be T2 = 6 months

    Profit earned = 20000

    Apply formula:

    Therefore, Sohan's share =

    Apti Partnership

    Apti Partnership-q10

    Solution: 2

    Ratio of their profits =

    Apti Partnership-q12

    Therefore, Profit of Sohan: Profit of Mohan = 32:13

    Then, Sohan's share =* 20000= 14222.2

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