Question: Abhishek started a business by investing Rs. 50000. After one year, he invested another Rs. 30000 and Sudhir also joined him with a capital of Rs. 70000. If the profit earned in three years from the starting of business was Rs. 87500, then the share of Sudhir in the profit is
Options:
A) Rs. 37500
B) Rs. 38281
C) Rs. 32500
D) Rs. 52500
E) Rs. 35000
Show Answer
Answer:
Correct Answer: E
Solution:
- Abhishek 50000 36 30000 24
Sudhir 70000 24
Profit ratio $ =(50000\times 36+30000\times 24):(70000\times 24) $
$ =(180+72):(168) $
$ =(252:168)=(3:2) $
$ \therefore $ Share of Sudhir in profit $ =\frac{2}{5}\times 87500 $
$ =2\times 17500=Rs\text{.}35000 $