LIVE Course for free

Rated by 1 million+ students
Get app now
0 votes
25 views
in Profit and Loss by (59.8k points)
closed by
Radha and Sham went into a partnership for a year. Radha invests Rs.200 and Sham invests Rs.100. After 4 months, Radha adds Rs.50 to his investment. After 5 months, Sham adds Rs.300 to his investment. Profit they had in a year is Rs.915. Find the profit share of Sham.
1. Rs.680
2. Rs.580
3. Rs.380
4. Rs.410
5. Rs.495

1 Answer

0 votes
by (117k points)
selected by
 
Best answer
Correct Answer - Option 5 : Rs.495

Given:

⇒ Total investment of Radha = 200 × 4 + 250 × 8 = Rs.2800

⇒ Total investment of Sham = 100 × 5 + 400 × 7 = Rs.3300

Ratio of their profit shares = 2800 : 3300 = 28 : 33

∴ Profit share of Sham = 915 × 33/(28 + 33) = Rs.495

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...