QQuestion
In a joint business the Capital of Samar and Mohim are ₹ 20,000 each. After 6 months Samar invests ₹ 5,000 more, but Mohim withdraws ₹ 5,000. At the end of the year if the profit is ₹ 32,000 then find the share of the profit of Samar and Mohim.
✓Answer
Capital of Samar = 20000 × 6 + 25000 × 6
= 120000 + 150000
= 270000
Capital of Mohim = 20000 × 6 + 15000 × 6
= 120000 + 90000
= 210000
Ratio of Capital = 270000 : 210000 = 9 : 7
Sum of ratio = 9 + 7 = 16
Samar’s profit share = 9\over16 × 32000 = ₹ 18000
Mohim’s profit share = 7\over16 × 32000 = ₹ 14000
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