Question
Amit and Bishnu started a partnership by funding Rs.
8000 and Rs. 12000 individually. After four months, Amit take out Rs.2000 & Bishnu funded Rs.3000 more. After three more months, Chinu joined the business with a capital of Rs.10000. If at the end of year the entire profit is Rs.14900, then what will be the profit share of Amit is how much more than that of Chinu.Solution
ATQ, we can say that Profit ratio of Amit, Bishnu to that of Chintu = [8000 × 4 + (8000 − 2000) × 8] : [12000 × 4 + (12000 + 3000) × 8] : (10000 × 5) = 80: 168: 50 40: 84: 25 Hence, required difference in profit share of Amit and Chintu = (40−25)/149 × 14900 = Rs.1500
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