Question

    Sudeep and Sandeep invested in a partnership,

    contributing their capitals in the ratio of 16:19. They invested for periods of 5 months and 7 months, respectively. If the total profit from the business was Rs. 8520, what is the difference between their shares of the profit?
    A Rs. 2260 Correct Answer Incorrect Answer
    B Rs. 2120 Correct Answer Incorrect Answer
    C Rs. 2100 Correct Answer Incorrect Answer
    D Rs. 2020 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Ratio of investment of Sudeep to Sandeep = (16 × 5):(19 × 7) = 80:133 Profit share of Sudeep = 80/213 × 8520 = Rs. 3200 Profit share of Sandeep = 8520 – 3200 = Rs. 5320 Desired difference = 5320 – 3200 = Rs. 2120 Hence, option b.

    Practice Next

    Relevant for Exams: