Question

Ayan, nayna and krinal are partners owning a clothing line. Ayan invested Rs. 10,000, nayna invested Rs 15,000 and krinal invested Rs. 20,000. After 6 months ayan added Rs. 2000 and krinal withdrew Rs. 4000 after 4 months. If krinal earned Rs. 1000 as profit then what is the difference between profit earned by nayna and ayan. (Approximate values whenever require)

1. Rs. 323
2. Rs. 246
3. Rs. 520
4. Rs. 231
5. Rs. 289

Answer 1

Correct Answer - Option 4 : Rs. 231

Given:

Ayan = Rs. 10,000 after 6 months Rs. 2000 more

Krinal = Rs. 20,000 after 6 months Rs. 4000 withdrew

Nayna = silent partner

Formula used:

Profit earned in Rs = Profit earned in % × investment

Calculation:

Profit share ratio of all three = ((10,000 × 6) + (12000 × 6)) : (15000 × 12) : ((20000 × 4) + (16000 × 8))

⇒ Profit share ratio of ayan : nayna : krinal = 132000 : 180,000 : 208,000

⇒ ayan : nayna : krinal = 33 : 45 : 52

⇒ Total profit made = 1000 × 130/ 52

⇒ Total profit earned = Rs. 2500

⇒ Difference between profit earned by nayna and ayan

⇒ (2500 × 45/ 130) – (2500 × 33/ 130)

⇒ 2500 × (45 – 33)/ 130

⇒ 30000/ 130 ≈ 231

∴ required answer is Rs. 231